Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611855
Bank Name:Canara Bank
Branch Name:ARM BRANCH, CIRCLE OFFICE- VIJAYAWADA
Reserve Price:₹20,88,000
EMD:₹2,08,800
Bid Increment:₹10,000
Auction Time:2.00 PM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-20
Property Description
This is a residential flat located in Kankipadu, Krishna, Andhra Pradesh. The property is being auctioned by Canara Bank under the SARFAESI Act, previously owned by Sri Mohammed Maqbul. It offers a potential residential opportunity in a developing area.
State:Andhra Pradesh
City:Krishna
Area:Kankipadu
Asset Category:Residential
Full Address:102, ESWAR TOWERS, First Floor Flat No.102, Assessment No.927, Door No.6-154, ESWAR TOWERS, Kankipadu, Krishna
Building/Society:ESWAR TOWERS
Size:750 sft
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Kankipadu, Krishna, Andhra Pradesh. The auction has a reserve price of INR 20,88,000 and requires an Earnest Money Deposit (EMD) of INR 2,08,800. Bidding will take place online on November 20, 2025, between 2:00 PM and 4:00 PM. Interested parties should review all auction terms and conditions carefully.
Borrower Name:Sri Mohammed Maqbul
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
Located in Kankipadu, this flat auction presents a calculated opportunity. The reserve price is moderate for the area, and the property's size is adequate. Auction terms appear standard, making it a reasonable investment for those familiar with the local market.
Contact Details
Branch:Branch Office : ARM BRANCH, CIRCLE OFFICE- VIJAYAWADA
Service Provider:BAANKNET
Contact Details:
Contact no:8331011695
