Property for Auction in Rajahmundry, East Godavari, Andhra Pradesh
Auction ID:564959
Bank Name:Canara Bank
Branch Name:Kakinada Branch
Reserve Price:₹39,07,000
EMD:₹3,90,700
Service Provider:BAANKNET
Submission Date:23-09-2025 04:00 PM
Bid Start Date:24-09-2025 10:30 AM
A prime residential plot located in Rajahmundry, East Godavari district, Andhra Pradesh. This asset, previously belonging to M/s Kandikonda Minerals, is being offered for sale by Canara Bank. Situated in a developing area, this plot presents a significant opportunity for real estate investment or development. The property is categorized as residential, making it suitable for building a home or for future capital appreciation. Its location in Rajahmundry, a major city in Andhra Pradesh, ensures accessibility and potential for growth.
State:Andhra Pradesh
City:East Godavari
Area:Rajahmundry
Asset Category:Residential
Canara Bank is conducting a SARFAESI auction for a valuable residential plot in Rajahmundry, East Godavari, Andhra Pradesh. The auction will take place on September 24, 2025, from 10:30 AM to 11:30 AM. The reserve price for this plot is ₹39,07,000, with an Earnest Money Deposit (EMD) of ₹3,90,700 required to participate. This is a unique opportunity to acquire a property through a transparent banking auction process. Interested bidders are advised to review all auction terms and conditions provided by Canara Bank prior to the bidding.
Borrower Name:M/s Kandikonda Minerals
Auction Type:SARFAESI Auction
Ph: 8331015626