Property for Auction in Vedayapalem, Nellore, Andhra Pradesh
Auction ID:553260
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹82,49,000
EMD:₹8,25,000
Service Provider:BAANKNET
Submission Date:06-09-2025 04:00 PM
Bid Start Date:08-09-2025 11:00 AM
This auction features a residential plot located in Vedayapalem, Nellore, Andhra Pradesh. The property is an asset of M/s Sri Lakshmi Prasuna Constructions, being auctioned by Canara Bank under the SARFAESI Act. Vedayapalem is a growing locality within Nellore, offering potential for residential development. The plot is available for acquisition through a transparent bidding process. Detailed site inspection and legal due diligence are recommended for all prospective buyers before participating in the auction.
State:Andhra Pradesh
City:Nellore
Area:Vedayapalem
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a residential plot in Vedayapalem, Nellore, Andhra Pradesh. The auction is for the property of M/s Sri Lakshmi Prasuna Constructions. The reserve price is INR 82,49,000, with an Earnest Money Deposit (EMD) of INR 8,25,000. Bidding will take place on September 8, 2025, from 11:00 AM to 1:00 PM. This is a significant opportunity to acquire a plot in a developing area. Interested parties are advised to review all auction terms and conditions on the Canara Bank website.
Borrower Name:M/s Sri Lakshmi Prasuna Constructions
Auction Type:SARFAESI Auction
Contact Number : 8291220220