Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611867
Bank Name:Canara Bank
Branch Name:ARM BRANCH, CIRCLE OFFICE- VIJAYAWADA
Reserve Price:₹14,67,000
EMD:₹1,46,700
Bid Increment:₹10,000
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 SARFAESI auction by Canara Bank for a residential Land and Building property located in Nallapadu, Guntur, Andhra Pradesh. The property is associated with borrower Mrs. Santhi Gottimukkala. The auction offers a valuable opportunity to acquire real estate in a well-situated area.
State:Andhra Pradesh
City:Guntur
Area:Nallapadu
Asset Category:Residential
Full Address:101, Abhaya Residency, D No.403/C, Plot No. 10A, 11,12,13,14 situated in 470 Sq. yds of site out of total extent of 1200 Sq. yds near D. No. 3-73/2, an apartments named ABHA YA Residency, Nallapadu, Guntur
Building/Society:Abhaya Residency
Size:470 Sq. yds
Auction Description
Canara Bank is conducting a SARFAESI auction for a Land and Building property in Nallapadu, Guntur, Andhra Pradesh. The auction will take place on November 20, 2025, from 2:00 PM to 4:00 PM. The reserve price is INR 14,67,000, with an Earnest Money Deposit (EMD) of INR 1,46,700. This auction presents a chance for interested parties to bid on a residential asset.
Borrower Name:Mrs. Santhi Gottimukkala
Auction Type:SARFAESI Auction
Guarantor Names:Ms. Navya Ghanta
Legal Details
Possession Status:Not Known to Bank
Encumbrance Details:Not Known to Bank
Why This Property
The property in Nallapadu, Guntur, presents a decent opportunity due to its residential nature and manageable reserve price. However, the limited information and potential encumbrances necessitate a calculated approach. Further investigation into the property's condition and legal status is advised before bidding.
Contact Details
Branch:Branch Office : ARM BRANCH, CIRCLE OFFICE- VIJAYAWADA
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:8331011695
