Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610666
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹50,40,000
EMD:₹5,00,000
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 valuable residential plot located in Denduluru, West Godavari district, Andhra Pradesh. This plot is being auctioned by Canara Bank as part of a SARFAESI action. Ideal for development or investment, offering a great opportunity in a developing area. The property is situated in a prime location within West Godavari.
State:Andhra Pradesh
City:West Godavari
Area:Denduluru
Asset Category:Residential
Full Address:R.No. 108/5, Plot Nos. 33 to 57, Gopannapalem Village Panchayat Vegavaram Village, Denduluru
Size:6404.60 sq yds
Auction Description
Canara Bank presents a SARFAESI auction for a residential plot in Denduluru, West Godavari, Andhra Pradesh. The auction will take place on November 21, 2025, from 01:00 PM to 02:00 PM. The reserve price is set at ₹5,04,000, with an Earnest Money Deposit (EMD) of ₹50,000 required. This is a unique opportunity to acquire a plot directly from the bank.
Borrower Name:Sri. Kanmarlapudi Srinivasa Rao
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Chakka Mallikharjuna Rao S/o Vara Prasad., Tholam Srinivasa Rao, Chakka Mallikharjuna Rao
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property consists of several plots which presents a good opportunity for investment in land. However, the location is not a prime metro location, the price and terms warrant a closer look before investing. Overall it is good calculated opportunity.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:7095199455
