Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610672
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
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
This is a bank auction for a residential plot located in Denduluru, West Godavari, Andhra Pradesh. The property is being auctioned by Canara Bank under the SARFAESI Act. The borrower is Sri. Kanmarlapudi Srinivasa Rao.
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 total 25 vacant sites, Gopannapalem Village, Vegavaram Village, Denduluru
Size:6404.60 sq yds
Auction Description
Canara Bank is conducting an online SARFAESI auction for a plot in Denduluru, West Godavari. The auction will take place on November 21, 2025, from 01:00 PM to 02:00 PM. The reserve price is ₹5,04,000, with an Earnest Money Deposit (EMD) of ₹50,000 required to participate.
Borrower Name:Sri. Kanmarlapudi Srinivasa Rao
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Chakka Mallikharjuna Rao, Tholam Srinivasa Rao
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a set of plots in a developing area, presenting a calculated opportunity. The location in Denduluru offers potential for growth. The reserve price and auction terms warrant careful consideration before investing.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:7095199455
