Property for Auction in Denduluru, West Godavari, Andhra Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610670
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹49,20,000
EMD:₹4,90,000
Bid Increment:₹25,000
Auction Time:01:00 PM to 02:00 PM
Service Provider:BAANKNET
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Discover a prime plot of land in Denduluru, West Godavari, Andhra Pradesh, offered by Canara Bank through a SARFAESI auction. This residential plot presents a fantastic opportunity for development or investment in a growing area. The property is situated in a desirable location within West Godavari, offering potential for future appreciation. Don't miss this chance to acquire a valuable asset in a key region.
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
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, with bidding open from 01:00 PM to 02:00 PM. The reserve price is set at INR 4,92,000, with an Earnest Money Deposit (EMD) of INR 49,000 required to participate. This is a direct opportunity to bid on a property formerly belonging to Sri. Kanmarlapudi Srinivasa Rao. Secure your participation by submitting the required EMD before the auction commences.
Borrower Name:Sri. Kanmarlapudi Srinivasa Rao
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Chakka Mallikharjuna Rao S/o Vara Prasad, Tholam Srinivasa Rao
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property consists of multiple plots being auctioned which could be appealing for developers or investors looking for larger land parcels. The location in Denduluru, a developing area of West Godavari, offers potential for future appreciation. However, the value and investment returns are dependent on local development trends and demand.
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:7095199455/8332956773