Land for auction 2 Jyothi - Vedayapalem - Nellore by Canara

Property for Auction in Vedayapalem, Nellore, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Vedayapalem, Nellore
Auction Date IconAuction Date:
08-09-2025 11:00 AM

Auction Details

Auction ID:553262

Bank Name:Canara Bank

Branch Name:Regional Office

Reserve Price:3,90,04,000

EMD:39,00,100

Service Provider:BAANKNET

Important Dates

Submission Date:06-09-2025 04:00 PM

Bid Start Date:08-09-2025 11:00 AM

Property Description

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

Auction Description

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 Details

Contact Number : 8291220220

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