Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609628
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹17,77,000
EMD:₹1,77,700
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
Discover an excellent investment opportunity with this prime land parcel located in Nellore, Andhra Pradesh, brought to you by Canara Bank. This residential land, situated in the heart of Nellore city, is ideal for developing your dream home or for a profitable real estate venture. The property offers a serene environment with excellent connectivity and access to essential amenities. Don't miss the chance to own a piece of Nellore's growing landscape.
State:Andhra Pradesh
City:Nellore
Area:Nellore
Asset Category:Residential
Full Address:Plot No.05, Plot No.06, Plot No. 10, Plot No. 11, Divine Hills, Sri Potti Sriramulu, Nellore District, Bujabuja, Nellore Sub Registrar office, Nellore Rural Mandal, Devarapalem Grampanchayathi, Devarapalem Village, Dry land in Survey No.389, Devarapalem, Nellore
Building/Society:Divine Hills
Size:888.64 Sq. yards
Auction Description
Canara Bank presents a SARFAESI auction for a valuable plot of land in Nellore, Andhra Pradesh. The bidding starts with a reserve price of INR 17,77,000, with an Earnest Money Deposit (EMD) of INR 1,77,700. This is a unique opportunity to acquire a significant asset. The auction will be conducted online on November 21, 2025, from 10:30 AM to 11:30 AM. Secure your bid and make this land yours.
Borrower Name:M/s Sarvam Sai Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Sri Rajan Kaliappan, Sri Dwaram Venu Gopal, Sri Shaik Gouse Basha
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, located in Nellore, is a plot of land offered at a reserve price of ₹1777000. While the location offers potential, further investigation into local market conditions is advised. The auction terms are standard, suggesting a calculated approach to bidding.
Contact Details
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:7901626759/9901574353
