Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611856
Bank Name:Canara Bank
Branch Name:ARM BRANCH, CIRCLE OFFICE- VIJAYAWADA
Reserve Price:₹13,30,00,000
EMD:₹1,33,00,000
Bid Increment:₹10,00,000
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
This is a bank auction of a Land and Building property located in Bapulapadu, Krishna, Andhra Pradesh. The property is categorized as Residential. The borrower is Sri Sita Mahalakshmi Rice Traders.
State:Andhra Pradesh
City:Krishna
Area:Bapulapadu
Asset Category:Residential
Full Address:D.No. 5-46 and 5-47, Bapulapadu Village, Bapulapadu, Krishna
Size:5033.6 Sq. yds
Auction Description
Canara Bank is conducting a SARFAESI auction for a Land and Building property in Bapulapadu, Krishna. The auction will take place on November 20, 2025, from 02:00 PM to 04:00 PM. The reserve price is ₹13,30,00,000, with an Earnest Money Deposit (EMD) of ₹1,33,00,000.
Borrower Name:Sri Sita Mahalakshmi Rice Traders
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a rice and groundnut oil mill, which suggests a specific industrial use, potentially limiting its appeal to a broader investor base. While the location is defined, its market dynamics require careful assessment. The significant reserve price warrants thorough due diligence.
Contact Details
Branch:Branch Office : ARM BRANCH, CIRCLE OFFICE- VIJAYAWADA
Service Provider:BAANKNET
Contact Details:
Contact no:8331011695
