Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610697
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹45,50,000
EMD:₹4,60,000
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
Prime residential plot located in Denduluru, West Godavari, Andhra Pradesh. This SARFAESI auction property offers a fantastic opportunity to acquire land in a developing area. The plot is suitable for residential construction and is being auctioned by Canara Bank. Invest in a growing region with potential for future appreciation. Don't miss this chance to own a piece of West Godavari.
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, Gopannapalem Village Panchayat Vegavaram Village, Denduluru
Size:6404.60 sq yds
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Denduluru, West Godavari, Andhra Pradesh. The auction will take place on November 21, 2025, from 1:00 PM to 2:00 PM. The reserve price is ₹4,55,000, with an EMD of ₹46,000. This is a great opportunity for buyers looking to invest in real estate through a bank auction. Secure your bid for this promising plot.
Borrower Name:Sri. Kanmarlapudi Srinivasa Rao
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Chakka Mallikharjuna Rao S/o Vara Prasad
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
Located in Denduluru, the auction presents a good opportunity if acquired at or near the reserve price. The location shows moderate growth potential, and due diligence is recommended. Auction terms appear standard, making it a reasonable consideration for land investment.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:7095199455/8332956773
