Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:598414
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹16,50,000
EMD:₹1,65,000
Bid Increment:₹10,000
Auction Time:02:00 PM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-10-28
Bid Start Date:2025-10-28
Property Description
This is a unique opportunity to acquire a piece of land in the developing area of Challapalli, Krishna district, Andhra Pradesh. The property is categorized as residential land, making it ideal for building your dream home or for investment purposes. Located in a region with growing potential, this land offers a blank canvas for your development ideas. Don't miss this chance to own a valuable asset in a prime location.
State:Andhra Pradesh
City:Krishna
Area:challapalli
Asset Category:Residential
Full Address:Sunflower Colony, Challapalli R.S. No. 219/7, 220/5, 220/6, 222/1, 222/4, 245/3, Old Block No. 5, New Block No. 7, South of Sunflower Colony, Challapalli, Krishna
Building/Society:Sunflower Colony
Size:55 Sq. Yds
Auction Description
Canara Bank presents a SARFAESI auction for a residential land parcel in Challapalli, Krishna, Andhra Pradesh. The auction will take place on October 28, 2025, with bidding open from 02:00 PM to 04:00 PM. The reserve price is set at INR 1,650,000, with an EMD of INR 165,000 required to participate. This is a direct opportunity from the bank, offering a transparent and secure transaction process. Secure your bid for this promising land parcel.
Borrower Name:Mr Veeranjaneyulu Makkena
Auction Type:SARFAESI Auction
Guarantor Names:Veeranjaneyulu Makkena, Boggavarapu Suryanarayana Murthy
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in a developing location, presenting a calculated investment opportunity. The reserve price and EMD seem reasonable. Further due diligence on the area's growth potential is advised before bidding.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:8331011695
