Land And Building for auction Martur Ongole 4 lakh Canara Bank

This SARFAESI auction presents a valuable opportunity to acquire a Land and Building asset in Ongole, Prakasam, Andhra Pradesh. Situated in a key location, this residential property is offered by Canara Bank. The property is associated with the borrower M/s. Sri Sai Padmavathi Traders. With a reserve price of INR 392,000.0 and an Earnest Money Deposit (EMD) of INR 39,200.0, this auction provides a chance for prospective buyers to invest in real estate in this developing region. The auction is scheduled for November 20, 2025, making it a significant event for property investors in the area.

Canara Bank is conducting a SARFAESI auction for a Land and Building property located in Ongole, Prakasam, Andhra Pradesh. The auction will take place on November 20, 2025, from 2:00 PM to 4:00 PM. The property has a reserve price of INR 392,000.0, with an EMD requirement of INR 39,200.0. This is a prime opportunity for individuals and entities looking to purchase real estate through a transparent auction process. Interested bidders are advised to review all auction terms and conditions provided by Canara Bank to participate effectively.

The property's location in Ongole offers potential growth, and the reserve price is reasonable. As a vacant land and building, it allows for flexible development. However, potential buyers should carefully assess local market conditions before bidding.