Property for Auction in Denduluru, West Godavari, Andhra Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610661
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
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 the SARFAESI Act. This is a prime opportunity to acquire land in a developing area. The plot offers potential for residential development or investment. 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, 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, from 01:00 PM to 02:00 PM. The reserve price for this auction is ₹5,63,000, with an Earnest Money Deposit (EMD) of ₹56,000 required. This is a timed online auction, so be prepared to bid competitively for this valuable asset. Property belongs to Sri. Kanmarlapudi Srinivasa Rao.
Borrower Name:Sri. Kanmarlapudi Srinivasa Rao
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Chakka Mallikharjuna Rao, Tholam Srinivasa Rao
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property offers potential due to its location in a developing area of West Godavari. While the reserve price is relatively low, the auction terms and the number of plots being sold as a single lot may limit the pool of potential buyers. This creates a calculated opportunity for those willing to invest in multiple plots.
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:7095199455