Industrial Auction in Kanigiri | Canara Bank Auction

Property details

Property Type

Industrial

Description

Loan A/c: — | Demand Notice: — | Outstanding: — | Possession Date: — | Bid Increment: 25000 | EMD Last Date: 12-10-2026 16:00 | Inspection: 12-10-2026 11:00 to 12-10-2026 15:55 | Platform: https://baanknet.com/auction-detail/366572/9a3fe8193bcac7b7df26231040aa06a9208606d4 | Encumbrance/Litigation: — (notice review pending)

Area

0.5 acre

Possession

symbolic

Locality

Kanigiri

Full Address

PLANT AND MACHINERY (Line Polishing Machine 16 Head Lpm, Parts of line polish, Parts Of LPM Machine, Parts of line polish machine, Multi Wire saw machine, Wiresaw dressing machine, Granti Crane Mission SEW 100 Ton Capacity Crane, High Speed Double EOT Crane 10Tons Mission, Air compressor air blower, 500 KVA, 11/0.433KV Transformer, 1000A Main MCC Panel Board with APFC Panel, 240sqmm x 3.5C Alu Armourd Cable, 35sqmm x 3.5 Alu Armourd Cable, 10sqmm x 4 Copper Flexible Cable) Situated at Granite Factory land and Building of an extent of AC 0-50, located at Prakasam dt, Kanigiri Sub-Registration dt, Kanigiri Mandal, Punugodu Village (Original Sy No 338/4 an extent of AC 2-49) Which is Subdivided as 338/4A2C an extent of AC 0-50, Bounded by: East: Passage South: Kanigiri to Garalapeta R&B Road West: Own land of Mule Venkata Krishna Reddy purchased from Gurijala Malakonda Rayudu North: Sri Lingeswara Industries, polishing Unit factory Within these boundaries an extent of AC 0-50 or 0.205 hectors of Non- Agriculture land

Bank & auction terms

Auction ID

AX-0I2VBDB

Bank / Authority

Canara Bank

Reserve Price

₹ 2,60,00,000

EMD Amount

₹ 26,00,000

Auction Date

13 Oct 2026

Auction Time

11:00

Borrower Name

M/s South India Granites Represented by its Proprietor Sri Mule Venkata Krishna Reddy S/o Konda Reddy

Bank Contact Details

CHUNDU HARISH, 7416134488

Auction documents

• Sale noticesale noticeDownload