Property for Auction in Malikipuram, East Godavari, Andhra Pradesh
Auction ID:564958
Bank Name:Canara Bank
Branch Name:Kakinada Branch
Reserve Price:₹20,34,000
EMD:₹2,03,400
Service Provider:BAANKNET
Submission Date:23-09-2025 04:00 PM
Bid Start Date:24-09-2025 10:30 AM
This offering features a prime plot of land with an existing building, located in Malikipuram, East Godavari, Andhra Pradesh. The property, previously held by Mr. Mutyala Veera Venkata, is categorized as residential. It presents a solid opportunity for development or personal use in a well-established area. Situated in the vibrant district of East Godavari, this asset offers potential for both residential and commercial ventures, benefiting from the region's growing infrastructure and economic activity.
State:Andhra Pradesh
City:East Godavari
Area:Malikipuram
Asset Category:Residential
Canara Bank is conducting a SARFAESI auction for a valuable land and building asset in Malikipuram, East Godavari. The auction will take place on September 24, 2025, with bidding open from 10:30 AM to 11:30 AM. The reserve price for this attractive property is set at INR 20,34,000, and the Earnest Money Deposit (EMD) required is INR 2,03,400. This is a secured transaction under the SARFAESI Act, offering a clear title and a straightforward purchase process for interested bidders.
Borrower Name:Mr. Mutyala Veera Venkata
Auction Type:SARFAESI Auction
Ph: 9440905177