Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610687
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹5,63,000
EMD:₹56,300
Bid Increment:₹25,000
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, Andhra Pradesh. This property is being auctioned by Canara Bank under SARFAESI rules. It presents a great opportunity for investment or development in a growing area. The plot is situated in a well-recognized locality of West Godavari.
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 holding a SARFAESI auction for a residential plot in Denduluru, West Godavari, Andhra Pradesh. The auction will take place on November 21, 2025, starting at 1:00 PM and concluding at 2:00 PM. The reserve price is ₹510,000, with an Earnest Money Deposit (EMD) of ₹51,000 required to participate. This is a prime opportunity to acquire a plot of land through a transparent bank auction process.
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 is a collection of plots in a rural area, presenting a decent investment opportunity. The reserve price and EMD are relatively low. Further research is needed to ascertain the growth potential of the area.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:7095199455
