Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610228
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹25,75,000
EMD:₹2,57,500
Auction Time:11:30 a.m. to 12:30 p.m.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-17
Bid Start Date:2025-11-18
Property Description
This is a residential plot located in Nallapadu, Guntur, Andhra Pradesh. The property is being auctioned by Canara Bank under SARFAESI regulations. Ideal for building your dream home or for investment purposes.
State:Andhra Pradesh
City:Guntur
Area:Nallapadu
Asset Category:Residential
Full Address:FLAT NO. 402, SRI SAI LAKSHMI TOWERS, Pedapalakaluru Village D.No 379, out of Ac.59-35 Cents, Nallapadu, Guntur
Building/Society:SRI SAI LAKSHMI TOWERS
Size:1155 Sq.ft
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Nallapadu, Guntur, Andhra Pradesh. The auction will take place on 18-11-2025, starting at 11:30 AM and concluding at 12:30 PM. The reserve price is INR 25,75,000, with an EMD of INR 2,57,500.
Borrower Name:Bank Property
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This property in Nallapadu, Guntur presents a calculated opportunity. The location is developing, and the reserve price appears reasonable. However, potential investors should carefully assess the property's condition and market demand before bidding.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:040-27725283
