Industrial Auction in Kavali | Canara Bank Auction

Property details

Property Type

Industrial

Description

Loan A/c: Specialised ARM Branch Tirupati (a/c transferred from Kavali-1) | Demand Notice: — | Outstanding: Rs. 10,47,68,605.77 as on 07.08.2026 + interest & charges from 08.08.2026 (common to Sr. 1-3) | Possession Date: Constructive/Physical (not specified) | Bid Increment: Rs. 1,00,000 | EMD Last Date: 29.09.2026 by 4:00 PM (10% via PSB Alliance e-wallet/RTGS/NEFT; KYC copies to branch) | Inspection: On or before 21.09.2026, 11:00 AM-4:00 PM by prior appointment | Platform: https://baanknet.com (30.09.2026, 10:30-11:30 AM, 5-min unlimited extensions) | Encumbrance/Litigation: No encumbrances known to bank; dues/taxes borne by purchaser

Area

30 sqft

Locality

Kavali

Full Address

Sy No. 922/2 near D.No. 5-1-75/5, 5th Ward, Gurramvari Street, Vengayagaripalem Road, Kavali (owner Kurapati Madhavi). East: site of Ramireddy Krishnareddy & others; South: site of Kurapati Krishna Reddy & others; West: site of Kurapati Venka Reddy; North: road

Pincode

524201

Bank & auction terms

Auction ID

AX-1B0N4FH

Bank / Authority

Canara Bank

Reserve Price

₹ 88,34,000

EMD Amount

₹ 8,83,400

Auction Date

30 Sept 2026

Auction Time

10:30

Borrower Name

M/s Sri Venkata Seshadri Modern Rice Mill (Prop. Kurapati Venka Reddy); Kurapati Venka Reddy; Kurapati Madhavi

Bank Contact Details

Authorised Officer, Specialised ARM Branch, KVC Arcade, Avilala, Tirupati (Canara Bank), 7901626759 / 9491456029, cb7294@canarabank.com

Auction documents

• Sale noticesale noticeDownload