Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:613122
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: GUNTUR
Reserve Price:₹35,60,000
EMD:₹3,56,000
Auction Time:12:00 PM to 01:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-27
Property Description
This is a SARFAESI auction for a residential land and building located in Tenali, Guntur, Andhra Pradesh. The property is being auctioned by Canara Bank due to loan default by the borrower, Sri Thalluri Vara Kumari. The auction offers a valuable opportunity to acquire a property in a well-established area.
State:Andhra Pradesh
City:Guntur
Area:Tenali
Asset Category:Residential
Full Address:Door No 20-36-21/1, Guntur Dist, Tenali Revenue Dist, Tenali Municipal, 7 th ward, 13 th block, T.S. No 504, Tenali, Guntur
Size:103.20 Sq. Yards
Auction Description
Canara Bank is conducting an online SARFAESI auction for a residential land and building in Tenali, Guntur. The auction will take place on November 27, 2025, from 12:00 PM to 1:00 PM. The reserve price is ₹3,560,000, with an Earnest Money Deposit (EMD) of ₹356,000 required to participate. This is a sealed bid auction, and interested parties are advised to review all auction terms and conditions on the bank's official portal.
Borrower Name:Sri Thalluri Vara Kumari
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This residential property in Tenali offers a good investment opportunity due to its location and manageable size. The reserve price seems reasonable, and the auction terms are standard. The location in Tenali, Guntur adds to its appeal.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: GUNTUR
Service Provider:BAANKNET
Contact Details:
Contact no:9440905143
