Property for Auction in Dhone, Kurnool, Andhra Pradesh
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612129
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹8,04,09,000
EMD:₹80,40,900
Auction Time:10:30 AM to 11:30 AM
Service Provider:BAANKNET
Submission Date:2025-11-25
Bid Start Date:2025-11-26
This auction features a prime Land and Building property in Dhone, Kurnool, Andhra Pradesh. Classified under the Residential asset category, this property offers a significant investment opportunity. The auction is conducted by Canara Bank under the SARFAESI Act. The property is located in the bustling city of Kurnool, known for its developing infrastructure and economic potential. This is a unique chance to acquire a substantial asset in a growing region.
State:Andhra Pradesh
City:Kurnool
Area:Dhone
Asset Category:Residential
Full Address:Sy.No.316, 318A, 319 & 320/2, Ungaranigundla Village, U.Kothapalli Gram Panchayath Limits, Dhone Mandal, Kurnool District, Ungaranigundla Village, Dhone
Size:1.70, 1.15, 1.15, 2.73 Ac. Cents
Canara Bank is holding a SARFAESI auction for a Land and Building property located in Dhone, Kurnool, Andhra Pradesh. The auction is scheduled for November 26, 2025, starting at 10:30 AM and concluding at 11:30 AM. The reserve price for this valuable asset is ₹8,04,09,000, with an Earnest Money Deposit (EMD) of ₹80,40,900. This is a secured creditor auction, offering a transparent and regulated process for acquiring the property. Don't miss this opportunity to bid on a significant real estate asset.
Borrower Name:M/s Lodhi Calcium Products Private Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Uppari Veera Lakshmaiah, Uppari Chandrakala
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property is located in Ungaranigundla Village, Dhone offering a land and building with multiple survey numbers. The reserve price is substantial, requiring careful evaluation of market conditions. Given the rural location and industrial focus, this is a Calculated Opportunity.
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:7901626759/9901574353