Shed for auction Gudipala Chittoor 5 Cr Canara Bank

This auction features a valuable industrial shed located in Gudipala, Chittoor, Andhra Pradesh. Situated in a key commercial area, this property offers excellent potential for various industrial applications. The asset is part of a SARFAESI auction conducted by Canara Bank. The borrower is MKGD CEMENTS PRIVATE LIMITED. The property type is a shed, ideal for manufacturing, warehousing, or other industrial purposes.

Canara Bank is pleased to present an online SARFAESI auction for an industrial shed in Gudipala, Chittoor, Andhra Pradesh. The auction will take place on December 10, 2025, with bidding open from 10:30 AM to 11:30 AM. The reserve price for this asset is ₹4,64,80,000, with an Earnest Money Deposit (EMD) of ₹46,48,000 required to participate. This is a prime opportunity to acquire a significant industrial asset in a developing region.

The property is an industrial shed in Gudipala, Andhra Pradesh, offered at a reasonable reserve price. While the location may not be prime, the size and industrial zoning present a calculated opportunity for manufacturing or warehousing businesses. Careful due diligence is advised given the specific market and auction terms.