Property for Auction in Nallapadu, Guntur, Andhra Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611870
Bank Name:Canara Bank
Branch Name:ARM BRANCH, CIRCLE OFFICE- VIJAYAWADA
Reserve Price:₹22,50,000
EMD:₹2,25,000
Bid Increment:₹10,000
Auction Time:2.00 PM to 4.00 PM
Service Provider:BAANKNET
Submission Date:2025-11-20
Bid Start Date:2025-11-20
A prime residential plot located in Nallapadu, Guntur, Andhra Pradesh. This asset is part of a SARFAESI auction conducted by Canara Bank. The plot is situated in a developing area, offering potential for residential construction. Its proximity to key amenities and the growing infrastructure of Guntur make it an attractive investment opportunity. Don't miss this chance to acquire a valuable piece of land in a sought-after location.
State:Andhra Pradesh
City:Guntur
Area:Nallapadu
Asset Category:Residential
Full Address:Plot no's: 27, 19 and 220 sq yards in Plot No:15, Nallapadu, Guntur
Size:393 sq yards
Canara Bank presents a SARFAESI auction for a residential plot in Nallapadu, Guntur, Andhra Pradesh. The auction will be held online on November 20, 2025, from 2:00 PM to 4:00 PM. The reserve price for this property is INR 22,50,000, with an Earnest Money Deposit (EMD) of INR 2,25,000 required to participate. This is a unique opportunity to bid on a plot previously associated with M/s Paramount Foot Wear. Secure your bid and explore this investment prospect.
Borrower Name:M/s Paramount Foot Wear
Auction Type:SARFAESI Auction
Guarantor Names:Smt Yalamanchili Sudha Rani
Encumbrance Details:Not Known to Bank
The property is a residential plot in a developing area, offering potential for future appreciation. The reserve price is reasonable, making it a calculated investment opportunity. However, further due diligence is recommended to assess local market conditions.
Branch:Branch Office : ARM BRANCH, CIRCLE OFFICE- VIJAYAWADA
Service Provider:BAANKNET
Contact Details:
Contact no:8331011695