Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:613330
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹8,10,000
EMD:₹81,000
Auction Time:02:00 PM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-25
Property Description
This is a land property located in Denduluru Mandal, Eluru, Andhra Pradesh. The property is being auctioned by Canara Bank under SARFAESI regulations. It is categorized as residential land and offers a great opportunity for development or investment in a growing region.
State:Andhra Pradesh
City:Eluru
Area:Denduluru Mandal
Asset Category:Residential
Full Address:57, RS No 30/2A, 30/2B near Ramalayam PR No 15/2013, Plot No 57, Somavarappadu village, Denduluru mandalam, Somavarappadu village, Eluru
Size:200 sq yards
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable land parcel in Denduluru Mandal, Eluru, Andhra Pradesh. The auction will take place on November 25, 2025, from 2:00 PM to 4:00 PM. The reserve price is set at ₹8,10,000, with an Earnest Money Deposit (EMD) of ₹81,000 required to participate. This is a prime opportunity to acquire land in a developing area.
Borrower Name:Sri Ghantasala Balajee
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a vacant land in a developing area, which offers potential for appreciation. The reserve price appears reasonable. However, the lack of specific location details within the village lowers its immediate investment appeal, warranting a calculated approach.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
