Shed for auction Ramasingavaram Eluru 8 lakh Canara Bank

Property for Auction in eluru, Eluru, Andhra Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
238.63 Sq Yds
Reserve Price
8,10,000
Reserve Price
8,10,000
EMD Required
81,000
Property Specifications
Size238.63 Sq Yds
FloorGround Floor
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Shed
Location IconLocation:
eluru, Eluru
Auction Date IconAuction Date:
25-11-2025 02:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:613341

Bank Name:Canara Bank

Branch Name:Regional Office

Reserve Price:8,10,000

EMD:81,000

Auction Time:02:00 P.M. to 04:00 P.M.

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-25

Bid Start Date:2025-11-25

Property Description

A valuable industrial shed located in the heart of Eluru, Andhra Pradesh, offered by Canara Bank. This property is part of a SARFAESI auction, presenting a unique opportunity for investors and businesses. Situated in the bustling area of eluru, it benefits from the region's growing industrial landscape. The shed is categorized under 'Industrials', suggesting its suitability for various commercial and manufacturing purposes. Its strategic location within Eluru ensures accessibility and potential for future development. Don't miss this chance to acquire a key industrial asset in a prime location.

State:Andhra Pradesh

City:Eluru

Area:eluru

Asset Category:Industrials

Full Address:R.S.No.157/3 D No 2-5, Ramasingavaram village, Pedavegi mandal, Ramasingavaram, Eluru

Size:238.63 Sq Yds

Auction Description

Canara Bank is conducting a SARFAESI auction for an industrial shed in Eluru, Andhra Pradesh. The auction commences on November 25, 2025, at 02:00 PM and concludes at 04:00 PM on the same day. The reserve price for this property is INR 810,000, with an Earnest Money Deposit (EMD) of INR 81,000 required. This auction is an excellent opportunity for prospective buyers to acquire an industrial asset. Ensure all necessary documentation and payment for the EMD are prepared prior to the auction start time. Bid wisely to secure this promising property.

Borrower Name:Sri Molli Murali

Auction Type:SARFAESI Auction

Guarantor Names:Sri Koppula Jaggarao

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The industrial shed in Eluru presents a calculated opportunity due to its location and size. The reserve price is reasonable, but further due diligence is needed to assess local demand. The auction terms are standard, making it a potentially viable investment for those with industrial interests in the region.

Contact Details

Branch:Branch Office : Regional Office

Service Provider:BAANKNET

Contact Details:

Contact no: —

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