Property for Auction in Vedayapalem, Nellore, Andhra Pradesh
Auction ID:553262
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹3,90,04,000
EMD:₹39,00,100
Service Provider:BAANKNET
Submission Date:06-09-2025 04:00 PM
Bid Start Date:08-09-2025 11:00 AM
This offering is for a significant tract of residential land situated in Vedayapalem, Nellore, within the state of Andhra Pradesh. Ideal for development, this property represents a substantial opportunity for investors and builders. Located in a key area of Nellore, it benefits from the region's growth potential. The property was formerly mortgaged to Canara Bank by M/s Sri Lakshmi Prasuna Constructions under SARFAESI proceedings. Explore the possibilities this land holds for your next project.
State:Andhra Pradesh
City:Nellore
Area:Vedayapalem
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a prime residential land parcel in Vedayapalem, Nellore, Andhra Pradesh. This is a unique opportunity to acquire a valuable asset. The auction will commence on September 8, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price is set at INR 3,90,04,000, with an Earnest Money Deposit (EMD) of INR 39,00,100 required to participate. Don't miss this chance to invest in a rapidly developing area.
Borrower Name:M/s Sri Lakshmi Prasuna Constructions
Auction Type:SARFAESI Auction
Contact Number : 8291220220