Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613163
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹1,64,00,000
EMD:₹16,40,000
Auction Time:10:30 A.M. to 11:30 A.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
Prime residential plot located in Gudur, Nellore, Andhra Pradesh. This asset, formerly associated with M/s Khizra Educational Society, offers a significant investment opportunity in a developing area. The plot is categorized as residential and is being auctioned by Canara Bank under the SARFAESI Act. It represents a chance to acquire valuable land in a strategic location within the Nellore district. Ideal for developers or individuals looking to build their dream home or for future capital appreciation.
State:Andhra Pradesh
City:Nellore
Area:Gudur
Asset Category:Residential
Full Address:Bandepalli Village, Manubolu Mandal, Gudur, Bandepalli, Nellore
Size:7271.2 sq. yards
Auction Description
Canara Bank presents a SARFAESI auction for a valuable residential plot in Gudur, Nellore, Andhra Pradesh. The auction will be conducted online on November 21, 2025, commencing at 10:30 AM and concluding at 11:30 AM. The reserve price is set at INR 1,64,00,000, with an Earnest Money Deposit (EMD) of INR 16,40,000 required to participate. This is a unique opportunity to acquire property directly from the bank. Interested bidders are advised to review all auction terms and conditions on the bank's official portal.
Borrower Name:M/s Khizra Educational Society
Auction Type:SARFAESI Auction
Guarantor Names:Smt Md Noorulaine, Mr. Sd Khamuruddin, Mr Sd Jaheeruddin
Legal Details
Possession Status:Physical
Encumbrance Details:No encumbrances to the knowledge of the bank
Why This Property
This plot in Gudur presents a calculated opportunity due to its location and size. While the reserve price is significant, the potential for development justifies consideration. Due diligence regarding local market conditions is advised before bidding.
Contact Details
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:7901626759
