Property for Auction in Proddatur, Kadapa, Andhra Pradesh
Auction ID:586027
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹12,00,000
EMD:₹1,20,000
Service Provider:Auctionbazaar
Submission Date:16-10-2025 04:00 PM
Bid Start Date:17-10-2025 12:45 PM
Explore this prime residential plot located in Proddatur, Kadapa, Andhra Pradesh. This property, part of a bank auction by Karnataka Bank, offers a significant investment opportunity in a developing area. Its categorization as a residential asset makes it ideal for building your dream home or for future development. Situated within the bustling city of Kadapa, Proddatur provides access to essential amenities and growing infrastructure. The plot is being auctioned under SARFAESI regulations, ensuring a transparent and legally sound transaction.
State:Andhra Pradesh
City:Kadapa
Area:Proddatur
Asset Category:Residential
Karnataka Bank presents a SARFAESI auction for a valuable residential plot in Proddatur, Kadapa, Andhra Pradesh. The auction begins on October 17, 2025, at 12:45 PM and concludes at 1:00 PM on the same day. The reserve price for this asset is INR 12,00,000, with an Earnest Money Deposit (EMD) of INR 1,20,000 required to participate. This auction offers a unique chance to acquire property directly from the bank, with the borrower identified as M/s S V Constructions. Secure your participation by fulfilling the EMD requirements and get ready to bid on this promising plot.
Borrower Name:M/s S V Constructions
Auction Type:SARFAESI Auction
Phone No : 080-22955928 (Gen) / 22955929 (AGM)