Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609840
Bank Name:Canara Bank
Branch Name:Guntur Main Branch
Reserve Price:₹3,58,00,000
EMD:₹35,80,000
Auction Time:12:00 PM to 01:00 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 Piduguralla, Guntur, Andhra Pradesh. This asset is being auctioned by Canara Bank under the SARFAESI Act. The plot offers a significant investment opportunity in a developing area. Ideal for residential development or as a strategic land holding.
State:Andhra Pradesh
City:Guntur
Area:Piduguralla
Asset Category:Residential
Full Address:55-92, D No. 9/1, Plot Numbers 55-92, T.L.P. 38/20214/G, Piduguralla, Guntur District, Piduguralla, Guntur
Size:11138 Sq.yards
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable residential plot in Piduguralla, Guntur, Andhra Pradesh. The auction begins on November 20, 2025, at 12:00 PM and concludes at 01:00 PM on the same day. The reserve price is ₹3,58,00,000, with an Earnest Money Deposit (EMD) of ₹35,80,000 required to participate. This is a unique opportunity to acquire a substantial plot of land. Interested bidders are advised to review all auction terms and conditions carefully.
Borrower Name:M/s JLDM TEXTILES INDUSTRIES PVT LTD
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a large plot of land in a developing area, making it a potentially good investment. However, the high reserve price and EMD require careful consideration. A calculated approach is recommended due to the need for thorough due diligence on the location and future development prospects.
Contact Details
Branch:Branch Office : Guntur Main Branch
Service Provider:BAANKNET
Contact Details:
Chief Manager
Contact no:8331015700
