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
| Possession | Symbolic |
| Property type | Industrial Land · Industrials |
| Locality | Muktheswaram Gram panchayat |
| Built-up / plot area | 3.80 Acres |
| Lender | Canara Bank |
| Branch | ARM Branch |
| Unit / flat no. | D No 13/B |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
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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