Factory Land and Building for Auction Panatur Gram Panchayat Bommasamudram Village Accounts Gudipala Mandal Chittoor 4.4 Crore by Canara Bank 30 Jun 2026
Panatur Gram Panchayat, Bommasamudram Village Accounts, Gudipala Mandal, Chittoor
Area: 197326.8 sq. ft.
Dry Survey No. 605/2D, 605/2F, 605/2F3, Panatur Gram Panchayat, Bommasamudram Village Accounts, Gudipala Mandal, Chittoor District
Canara Bank · ASSET RECOVERY MANAGEMENT BRANCH
Reserve price
₹4,41,01,000
EMD ₹44,10,100
Auction date
30 Jun 2026, 10:30 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 197326.8 sq. ft.
- ▸Locality: Panatur Gram Panchayat, Bommasamudram Village Accounts, Gudipala Mandal
- ▸Reserve: ₹4,41,01,000
- ▸EMD: ₹44,10,100
Auction snapshot
| Possession | Symbolic |
| Property type | Factory land and Building · Industrials |
| Locality | Panatur Gram Panchayat, Bommasamudram Village Accounts, Gudipala Mandal |
| Built-up / plot area | 197326.8 sq. ft. |
| Lender | Canara Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Factory land and Building bank auction in Panatur Gram Panchayat, Bommasamudram Village Accounts, Gudipala Mandal, Chittoor by Canara Bank — reserve price ₹4,41,01,000, 197326.8 sq. ft., Symbolic possession.
Discover a prime industrial bank auction property for sale in Gudipala, Chittoor, Andhra Pradesh. This e-auction by Canara Bank features a substantial factory land and building (Property No.1) owned by M/s. MKGD Cements Private Limited. Spanning approximately 1,97,326.8 sq. ft. (4 acres and 53 cents) across Dry Survey No. 605/2D, 605/2F, 605/2F3, this property is ideally located in Panatur Gram Panchayat, Bommasamudram Village Accounts. The reserve price is ₹4,41,01,000, with an EMD of ₹4,410,100. The e-auction is scheduled for June 30, 2026, from 10:30 AM to 11:30 AM. Inspection is available on June 25, 2026. This is a significant opportunity for investors seeking industrial land for sale or a factory for sale in Chittoor, Andhra Pradesh, offering immense potential for business expansion or development.
GeoSquare note: This industrial land and factory shed, spanning over 4.5 acres in Chittoor, Andhra Pradesh, offers substantial potential for industrial development. The reserve price of ₹4.41 Crores for Property 1 (and the stated combined sale with Property 2) appears to be a competitive entry point for a property of this size and type. While possession is symbolic, representing a potential hurdle, the property's large area and location in a developing industrial region make it a strong investment opportunity for those looking for bank auction properties.
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