Property for Auction in eluru, Eluru, Andhra Pradesh
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
Submission Date:2025-11-25
Bid Start Date:2025-11-25
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
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
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
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