Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610663
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹26,50,000
EMD:₹2,70,000
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 residential plot located in Denduluru, West Godavari, Andhra Pradesh. This property is being auctioned by Canara Bank under the SARFAESI Act. Ideal for individuals looking to invest in land in a developing area. The plot offers a great opportunity for construction of a residential unit.
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, 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 1:00 PM to 2:00 PM. The reserve price for this property is INR 2,65,000, with an Earnest Money Deposit (EMD) of INR 27,000. This is a time-sensitive opportunity to acquire a valuable asset. Interested bidders should review all auction terms and conditions before participating.
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 Denduluru land plots present a calculated investment opportunity due to their location in West Godavari and reasonable reserve price. While the land's potential depends on local development, the bank auction terms are standard. Further due diligence regarding zoning and market value is recommended.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:7095199455
