Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610696
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹4,27,000
EMD:₹43,000
Bid Increment:₹10,000
Auction Time:01:00 PM to 02:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
A residential plot located in Denduluru, West Godavari, Andhra Pradesh, owned by Sri. Kanmarlapudi Srinivasa Rao. This property is being auctioned by Canara Bank under the SARFAESI Act.
State:Andhra Pradesh
City:West Godavari
Area:Denduluru
Asset Category:Residential
Full Address:R.No. 108/5, Plot Nos. 33 to 57 total 25 vacant sites (From 1 to 25 items), Gopannapalem Village Panchayat Vegavaram Village, Denduluru
Size:6404.60 sq yds
Auction Description
Canara Bank invites bids for a residential plot in Denduluru, West Godavari, Andhra Pradesh. The auction will be conducted online on November 21, 2025, from 01:00 PM to 02:00 PM. The reserve price is INR 427,000, with an Earnest Money Deposit (EMD) of INR 43,000. This is a SARFAESI auction for the property mortgaged by Sri. Kanmarlapudi Srinivasa Rao.
Borrower Name:Sri. Kanmarlapudi Srinivasa Rao
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Chakka Mallikharjuna Rao S/o Vara Prasad, Tholam Srinivasa Rao
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, located in Denduluru, offers a good opportunity due to its size and location. The reserve price is relatively low, making it an attractive investment. However, potential buyers should thoroughly investigate the area and any encumbrances before bidding.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:7095199455
