Plot for auction Nallapadu Guntur 23 lakh Canara Bank

Property for Auction in Nallapadu, Guntur, Andhra Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Size
393 sq yards
Reserve Price
22,50,000
Reserve Price
22,50,000
EMD Required
2,25,000
Property Specifications
Size393 sq yards
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Nallapadu, Guntur
Auction Date IconAuction Date:
20-11-2025 02:00 PM

Auction Details

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

Important Dates

Submission Date:2025-11-20

Bid Start Date:2025-11-20

Property Description

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

Auction Description

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

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : ARM BRANCH, CIRCLE OFFICE- VIJAYAWADA

Service Provider:BAANKNET

Contact Details:

Contact no:8331011695

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