Representative illustration — Industrial Land bank auction in Muktheswaram Gram panchayat
Representative illustration — not the actual property photograph.
Industrial Land Industrials Symbolic possession Strong Buy

Industrial Land for Auction Muktheswaram Gram Panchayat Prakasam 63.5 Lakh by Canara Bank 30 Jun 2026

Muktheswaram Gram panchayat, Prakasam

Area: 3.80 Acres

D No 13/B, Muktheswaram Gram panchayat limits, Ballikurva Mandal, Martur Sub Registration, Ongole registration Dist, Prakasam District, Andhra Pradesh

Canara Bank · ARM Branch

Reserve price

₹63,50,000

EMD ₹6,35,000

Auction date

30 Jun 2026, 02:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 3.80 Acres
  • Locality: Muktheswaram Gram panchayat
  • Reserve: ₹63,50,000
  • EMD: ₹6,35,000

Auction snapshot

PossessionSymbolic
Property typeIndustrial Land · Industrials
LocalityMuktheswaram Gram panchayat
Built-up / plot area3.80 Acres
LenderCanara Bank
BranchARM Branch
Unit / flat no.D No 13/B
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

Industrial Land bank auction in Muktheswaram Gram panchayat, Prakasam by Canara Bank — reserve price ₹63,50,000, 3.80 Acres, Symbolic possession.

Secure your investment with this bank auction property: an industrial land parcel spanning 3.80 Acres (approximately 18392 Sq. yards) located at D No 13/B, Muktheswaram Gram Panchayat, Ballikurva Mandal, Ongole, Prakasam District, Andhra Pradesh. This prime industrial land is brought to you by Canara Bank, ARM Branch, Vijayawada, with a reserve price of ₹63.50 Lakhs and an EMD of ₹6.35 Lakhs. The e-auction is scheduled for June 30, 2026, from 2:00 PM to 4:00 PM. Property inspection is available on June 26, 2026. This is an 'As is where is' symbolic possession property, offered free from known encumbrances. Ideal for industrial development or investment in a growing region. Don't miss this opportunity for a bank auction property in a strategic location.

GeoSquare note: This industrial land in Ongole, Prakasam District, presents a strong investment opportunity. Its clear documentation of 3.80 Acres (18392 Sq yards) at a competitive reserve price of ₹63.50 Lakhs makes it attractive for industrial development. While possession is symbolic, the bank states no known encumbrances, reducing risk. The specified auction and inspection dates provide ample opportunity for due diligence before the e-auction.

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