Non- Agricultural Land for auction Devarappalii West Godavari 73 lakh Canara Bank

Property for Auction in Devarappalii, West Godavari, Andhra Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
2.25 Acres
Reserve Price
72,90,000
Reserve Price
72,90,000
EMD Required
7,29,000
Property Specifications
Size2.25 Acres
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Non- Agricultural Land
Location IconLocation:
Devarappalii, West Godavari
Auction Date IconAuction Date:
24-11-2025 02:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:610401

Bank Name:Canara Bank

Branch Name:ARM BRANCH, CIRCLE OFFICE- VIJAYAWADA

Reserve Price:72,90,000

EMD:7,29,000

Bid Increment:10,000

Auction Time:02:00 PM to 04:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-24

Bid Start Date:2025-11-24

Property Description

This is a prime non-agricultural land parcel located in Devarappalii, West Godavari, Andhra Pradesh. The property is categorized as residential and is being auctioned by Canara Bank under SARFAESI regulations. Benefitting from its location in a developing area, this land offers excellent potential for residential development. Don't miss this opportunity to acquire a valuable asset in a growing region.

State:Andhra Pradesh

City:West Godavari

Area:Devarappalii

Asset Category:Residential

Full Address:RS No 83/13 of kondagudem village, Gowripatnam Panchayath, Devarapalli Mandal, West Godavari District, Devarappalii, West Godavari

Size:2.25 Acres

Auction Description

Canara Bank presents an exclusive SARFAESI auction for a non-agricultural land in Devarappalii, West Godavari. The auction will take place online on November 24, 2025, from 02:00 PM to 04:00 PM. The reserve price is set at INR 72,90,000 with an Earnest Money Deposit (EMD) of INR 7,29,000. This is a fantastic opportunity for investors and developers to acquire a significant land parcel. For further details, please refer to the official auction notification.

Borrower Name:M/s Lakshmi Narayana Metals

Auction Type:SARFAESI Auction

Guarantor Names:Sri Naga Seshagiri rao Daparthi, S/o Achutha Rao

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property is a non-agricultural land in Devarapalli, West Godavari, offered at ₹7290000.0. While the location may offer potential for development, the recommendation reflects a calculated approach due to limited information and potentially lower immediate returns, the reserve price is a bit high.

Contact Details

Branch:Branch Office : ARM BRANCH, CIRCLE OFFICE- VIJAYAWADA

Service Provider:BAANKNET

Contact Details:

Chief Manager

Contact no:8331011695

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