Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611256
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹1,71,00,000
EMD:₹17,10,000
Auction Time:11:30 A.M. to 12:30 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a bank auction property located in Suryapet, Suryapet, Telangana. The property is classified as land under the residential asset category. It is being auctioned by Canara Bank under SARFAESI norms. The borrower is M/s Sri Rama Agro Industries.
State:Telangana
City:Suryapet
Area:Suryapet
Asset Category:Residential
Full Address:Sy.Nos. 155/Ee3/1/1/2/1/1/1, 155/Ee3/1/1/2/1/1 and 153/Ee3/1/1/2/1/1/2 of Kudakuda Revenue Village, Chivemla Mandal, Suryapet District, Kudakuda Village, Chivemla Mandal, Suryapet
Size:847.00 Sq Yards
Auction Description
Canara Bank is conducting a SARFAESI auction for a land parcel in Suryapet, Telangana. The auction will take place on November 25, 2025, from 11:30 AM to 12:30 PM. The reserve price for this property is ₹1,71,00,000, with an Earnest Money Deposit (EMD) of ₹17,10,000.
Borrower Name:M/s Sri Rama Agro Industries
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:No Known Encumbrances to the Knowledge of the Bank
Why This Property
The property is a land with shed and machinery, offering potential for industrial use. Located in Suryapet, Telangana, it represents a calculated risk due to the specific nature of the asset and the need for market assessment. The reserve price of ₹17100000.0 requires careful consideration.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:040-27725283/27725285
