Property for Auction in Denduluru, West Godavari, Andhra Pradesh
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:610684
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹6,10,000
EMD:₹61,000
Bid Increment:₹10,000
Auction Time:01:00 PM to 02:00 PM
Service Provider:BAANKNET
Submission Date:2025-11-20
Bid Start Date:2025-11-21
This auction features a residential plot located in Denduluru, West Godavari, Andhra Pradesh. The property is being auctioned by Canara Bank under SARFAESI norms. It represents a valuable opportunity to acquire land in a developing area. The plot is suitable for residential development, offering flexibility for future construction. Detailed site inspection is recommended to assess the full potential of this offering.
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
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, between 01:00 PM and 02:00 PM. The reserve price is set at INR 610,000, with an Earnest Money Deposit (EMD) of INR 61,000 required to participate. This is a single-day, online auction event. Interested bidders should complete all necessary registration and documentation before the auction commences.
Borrower Name:Sri. Kanmarlapudi Srinivasa Rao
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Chakka Mallikharjuna Rao S/o Vara Prasad
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property, being vacant plots in a developing area, presents a calculated investment opportunity. The reserve price seems reasonable, but potential investors should thoroughly investigate the location and growth prospects. The auction terms are standard, and due diligence is recommended before participating.
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:7095199455/8332956773