Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613335
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹33,07,000
EMD:₹3,30,700
Auction Time:02:00 P.M. to 04:00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-25
Property Description
This is a residential flat located in Akiveedu, West Godavari, Andhra Pradesh. The property is being auctioned by Canara Bank under the SARFAESI Act. It is an excellent opportunity for those looking to invest in real estate in this region. The flat offers a comfortable living space and is situated in a well-connected area. Further details regarding the specific amenities and dimensions can be obtained from the official auction notice.
State:Andhra Pradesh
City:West Godavari
Area:Akiveedu
Asset Category:Residential
Full Address:D.No. 7-81/1 situated in Padala Vari Street, Akividu, Padala Vari Street, Akividu
Size:146.5 Sq. yds
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Akiveedu, West Godavari, Andhra Pradesh. The auction will take place on November 25, 2025, from 2:00 PM to 4:00 PM. The reserve price for this property is ₹33,07,000, with an Earnest Money Deposit (EMD) of ₹3,30,700. This is a prime opportunity to acquire a property through a transparent auction process. Interested bidders are advised to review all auction terms and conditions provided by Canara Bank.
Borrower Name:M/s Charan Medical Agencies
Auction Type:SARFAESI Auction
Guarantor Names:Sri Md. Jackie Ahamed
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
Located in Akiveedu, this residential flat offers a decent opportunity. The reserve price seems fair for the area, but potential buyers should conduct thorough due diligence on the property's condition and local market trends before bidding. Given the location and price point, it warrants consideration with a calculated approach.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:8331015659
