Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:613333
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹6,48,000
EMD:₹64,800
Auction Time:02:00 P.M. to 04:00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
This is a residential land property located in Eluru, Andhra Pradesh, offered by Canara Bank. The land is situated in the eluru area, providing a potential opportunity for residential development or investment. It is part of a SARFAESI auction, indicating it is being sold to recover bank dues. The property is offered by Canara Bank, a reputable financial institution.
State:Andhra Pradesh
City:Eluru
Area:eluru
Asset Category:Residential
Full Address:103, Plot No 103, RS No 21, P. R. No 2/2007, Rallakunta village, Dwaraka Tirumala Mandal, Rallakunta village, Dwaraka Tirumala Mandal, Eluru
Size:266.66 sq yards
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land parcel in Eluru, Andhra Pradesh. The auction will take place on November 25, 2025, with bidding open from 02:00 PM to 04:00 PM. The reserve price for this land is ₹6,48,000, and the Earnest Money Deposit (EMD) required is ₹64,800. This is a prime opportunity to acquire land in Eluru through a bank auction.
Borrower Name:Sri Saidu Venkanna
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
This land in Eluru offers potential at a reasonable reserve price. While it's not a prime location, the size and price point make it a calculated opportunity for local investors or individuals looking for land in the area. The auction terms appear standard, and further due diligence is recommended.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:9440905113
