Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610658
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹5,63,000
EMD:₹56,000
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
This is a residential plot located in Denduluru, West Godavari, Andhra Pradesh. The property is being auctioned by Canara Bank under the SARFAESI Act. It offers a great opportunity to acquire land in a developing area.
State:Andhra Pradesh
City:West Godavari
Area:Denduluru
Asset Category:Residential
Full Address:33 to 57, R.No. 108/5, Plot Nos. 33 to 57, 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 be held on November 21, 2025, from 01:00 PM to 02:00 PM. The reserve price is ₹563,000.0, with an EMD of ₹56,000.0. This is a prime opportunity for interested buyers to participate and bid for the property belonging to Sri. Kanmarlapudi Srinivasa Rao.
Borrower Name:Sri. Kanmarlapudi Srinivasa Rao
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Chakka Mallikharjuna Rao
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a calculated opportunity due to its location in Denduluru and the potential for development. While the reserve price is relatively modest, potential buyers should carefully assess the market value and development costs before bidding. The auction terms appear standard, and the symbolic possession status should be considered.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:7095199455/8332956773
