Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611708
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹16,30,000
EMD:₹1,63,000
Auction Time:02:00 PM to 03:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-20
Property Description
This is a prime piece of land located in Anakapalle, Visakhapatnam, Andhra Pradesh. The property is being auctioned by Canara Bank under SARFAESI rules. It is a residential asset, offering significant potential for development or personal use in a growing area.
State:Andhra Pradesh
City:Visakhapatnam
Area:Anakapalle
Asset Category:Residential
Full Address:122, Pamulavaka village and gram panchyath, S No 122, Anakapalle, Visakhapatnam
Size:215.40 sq yards
Auction Description
Canara Bank is conducting a SARFAESI auction for a land parcel in Anakapalle, Visakhapatnam, Andhra Pradesh. The auction will take place on November 20, 2025, from 2:00 PM to 3:00 PM. The reserve price is ₹16,30,000, with an Earnest Money Deposit (EMD) of ₹1,63,000. This is a valuable opportunity to acquire a residential land asset.
Borrower Name:Sri Pyla Venkata Satya Appala Swamy Naidu
Auction Type:SARFAESI Auction
Guarantor Names:Sri Pyla Sai Likhit
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The land offers potential due to its location in Anakapalle, a developing area of Visakhapatnam. However, the auction terms and location suggest a calculated approach is necessary. Investment requires thorough due diligence.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:8333813830
