Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611866
Bank Name:Canara Bank
Branch Name:ARM BRANCH, CIRCLE OFFICE- VIJAYAWADA
Reserve Price:₹20,07,000
EMD:₹2,00,700
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
A residential flat located in the desirable Patamata area of Vijayawada, Andhra Pradesh. This property is being auctioned by Canara Bank under the SARFAESI Act. It presents a great opportunity for homeownership or investment in a well-connected locality. The flat is categorized as residential, making it suitable for individual or family living. Benefitting from its location in Vijayawada, a rapidly developing city, this flat is situated in an area known for its accessibility and amenities.
State:Andhra Pradesh
City:Vijayawada
Area:Patamata
Asset Category:Residential
Full Address:GF-1, SAI CHAITANYA TOWERS, Krishna District, Patamata Sub Registry, Yanamalakuduru Grama Panchayat area, Yanamalakuduru village, in R.S.No.57/6, Patamata, Vijayawada
Building/Society:SAI CHAITANYA TOWERS
Size:800 S.ft.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Patamata, Vijayawada, Andhra Pradesh. The auction has a reserve price of INR 20,07,000 and requires an Earnest Money Deposit (EMD) of INR 2,00,700. The auction will take place on 20th November 2025, with bidding open from 02:00 PM to 04:00 PM. This is a prime opportunity to acquire a property through a transparent auction process. Prospective bidders are advised to review all auction terms and conditions provided by Canara Bank.
Borrower Name:Sri Pulivarthi Lakshimi Chenchu
Auction Type:SARFAESI Auction
Guarantor Names:Sri Pulivarthi Nageswara Rao, Sri Pulivarthi Nagamani
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
Located in Patamata, Vijayawada, this flat offers a reasonable investment opportunity given its reserve price. The area of 800 sq. ft. is suitable for small families or rentals. Further due diligence on the property's condition and market value is advised before bidding.
Contact Details
Branch:Branch Office : ARM BRANCH, CIRCLE OFFICE- VIJAYAWADA
Service Provider:BAANKNET
Contact Details:
Contact no:8331011695
