Industrial Land for Auction Maddipadu Prakasam 72.5 Lakh by Canara Bank 11 Jun 2026
Maddipadu, Prakasam
Area: 2700.56 Sq. Yards
Plot No.319 in Sy.No.270 and 271, Annangi Village, Maddipadu Mandal, Prakasam District
Canara Bank · Specialised ARM Branch
Reserve price
₹72,51,000
EMD ₹7,25,100
Auction date
11 Jun 2026, 10:30 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 2700.56 Sq. Yards
- ▸Locality: Maddipadu
- ▸Reserve: ₹72,51,000
- ▸EMD: ₹7,25,100
Auction snapshot
| Possession | Physical |
| Property type | Industrial Land · Industrials |
| Locality | Maddipadu |
| Built-up / plot area | 2700.56 Sq. Yards |
| Lender | Canara Bank |
| Branch | Specialised ARM Branch |
| Unit / flat no. | 319 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Industrial Land bank auction in Maddipadu, Prakasam by Canara Bank — reserve price ₹72,51,000, 2700.56 Sq. Yards, Physical possession.
Bank auction property! Industrial land with granite factory in Maddipadu, Prakasam, Andhra Pradesh. This property, belonging to M/s Sri Lakshmi Granite Industries, spans 2700.56 Sq. Yards in Annangi Village. The e-auction is scheduled for June 11, 2026, with a reserve price of ₹7251000. A promising investment opportunity, this industrial land is strategically located and offers significant potential for granite-related businesses. Contact Canara Bank for detailed terms and conditions. Don't miss out on this chance to acquire a valuable industrial asset through bank auction!
GeoSquare note: The property is an industrial land with a granite factory, which could be valuable depending on the local market. The reserve price is relatively high, and the physical possession is a positive factor. Prospective buyers should conduct due diligence to assess the market demand for granite and the factory's condition before bidding.
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