Property for Auction in Proddatur, Kadapa, Andhra Pradesh
Auction ID:586028
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹16,50,000
EMD:₹1,65,000
Service Provider:Auctionbazaar
Submission Date:16-10-2025 04:00 PM
Bid Start Date:17-10-2025 01:00 PM
This is a residential plot located in Proddatur, Kadapa, Andhra Pradesh. The property is being auctioned by Karnataka Bank due to a SARFAESI action. It is an excellent opportunity to acquire land in a developing area. The plot is suitable for residential construction and offers potential for future growth. Key details include the borrower being M/s S V Constructions. This is a direct opportunity for potential buyers to invest in real estate in Kadapa.
State:Andhra Pradesh
City:Kadapa
Area:Proddatur
Asset Category:Residential
Karnataka Bank is conducting an online SARFAESI auction for a residential plot in Proddatur, Kadapa, Andhra Pradesh. The auction will be held on October 17, 2025, with bidding starting at 01:00 PM and closing at 01:15 PM on the same day. The reserve price for this plot is ₹16,50,000, and the Earnest Money Deposit (EMD) required is ₹1,65,000. This is a limited-time opportunity to bid on a valuable asset. Interested parties are advised to review all auction terms and conditions before participating.
Borrower Name:M/s S V Constructions
Auction Type:SARFAESI Auction
Phone No : 080-22955928 (Gen) / 22955929 (AGM)