2.36 acres Industrial Property for Auction in Anantapur – Canara

Property Details

Property type

Industrial (Industrial)

Possession

Symbolic Possession

Area

2.36 acres (≈ 1,02,801 sq ft)

Reserve price / sq ft

₹32

Locality

—

City

Anantapur

State

Andhra Pradesh

Pincode

515002

Address

Ananthapuramu, Andhra Pradesh, 515002 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

SPECIALIZED ARM BRANCH, TIRUPATI

Auction type

SARFAESI Auction

Borrower

Nandina P*** R****

Auction start

20 Nov 2026, 10:30 AM

Auction end

20 Nov 2026, 11:30 AM

EMD submission deadline

19 Nov 2026, 04:00 PM

Inspection

12 Nov 2026, 11:00 AM – 12 Nov 2026, 04:00 PM

Authorised officer

GOWRI SHANKAR P

Officer contact

9994376626

E-auction portal

BAANKNET (Property ID CNRBSAIBALAJIMACHINARY)

Price Check

This listing's reserve price works out to ₹32 per sq ft. The average across industrial bank auctions in Anantapur on our site is ₹169 per sq ft, so this one is 81% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 12 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRBSAIBALAJIMACHINARY)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 19 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 20 Nov 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.