Property for Auction in Proddatur, Kadapa, Andhra Pradesh
Auction ID:586030
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹16,00,000
EMD:₹1,60,000
Service Provider:Auctionbazaar
Submission Date:16-10-2025 04:00 PM
Bid Start Date:17-10-2025 01:30 PM
This is a residential plot located in Proddatur, Kadapa, Andhra Pradesh. The property is being auctioned by Karnataka Bank under the SARFAESI Act. It represents an excellent opportunity to acquire land in a well-established area of Kadapa. The plot is suitable for residential development or investment purposes. Interested parties should review all terms and conditions associated with the auction.
State:Andhra Pradesh
City:Kadapa
Area:Proddatur
Asset Category:Residential
Karnataka Bank is conducting a SARFAESI auction for a residential plot in Proddatur, Kadapa, Andhra Pradesh. The auction will take place on October 17, 2025, with bidding open from 01:30 PM to 01:45 PM. The reserve price for this property is ₹16,00,000, and the Earnest Money Deposit (EMD) required is ₹1,60,000. This auction presents a direct opportunity to purchase the asset associated with M/s S V Constructions. All potential bidders are advised to thoroughly inspect the property and understand the auction rules before participating.
Borrower Name:M/s S V Constructions
Auction Type:SARFAESI Auction
Phone No : 080-22955928 (Gen) / 22955929 (AGM)