Plot for auction 1 Bounded, Vedayapalem, Nellore by Canara

Property for Auction in Vedayapalem, Nellore, Andhra Pradesh

Property Type IconProperty Type:
Plot
Location IconLocation:
Vedayapalem, Nellore
Auction Date IconAuction Date:
08-09-2025 11:00 AM

Auction Details

Auction ID:553260

Bank Name:Canara Bank

Branch Name:Regional Office

Reserve Price:82,49,000

EMD:8,25,000

Service Provider:BAANKNET

Important Dates

Submission Date:06-09-2025 04:00 PM

Bid Start Date:08-09-2025 11:00 AM

Property Description

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

Auction Description

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 Details

Contact Number : 8291220220

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