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Land SARFAESI Auction Symbolic Possession

Land for Auction in Gopalapatnam, Visakhapatnam – Canara

Gopalapatnam, Visakhapatnam, Andhra Pradesh · Auction ID #107614

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Land for auction in Gopalapatnam, Visakhapatnam – Canara – photo 1
Reserve Price ₹11,78,55,000 9.9% lower than previous auction (₹13.09 Cr)
EMD (Earnest Money)—
Bid Increment—
Auction Date 19 Nov 2026, 01:00 PM In 5 days
EMD Last Date 19 Nov 2026, 01:50 PM In 5 days
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Property Details

Property type
Land (Land & Agricultural)
Possession
Symbolic Possession
Locality
Gopalapatnam
Pincode
530017
Address
GOPALAPATNAM, Visakhapatnam, Andhra Pradesh, 530017 View on map

Description (as per sale notice)

1) DOCUMENT NO .2438/2013: All that piece and parcel of vacant site measuring an extent of 861.66 sq.yards or 720.459 Sq.meters situated in Balaji Garden’s bearing Plot No.9A Part (B), Covered by S.No.123P & 124P of Vepagunta Village within the limits of Greater Visakhapatnam Municipal Corporation, Gopalapatnam S.R.O. Limits, Visakhapatnam District and bounded by:- East: Property belongs to M/s Chandana Brothers Shopping Mall South : Property belongs to the Vendee who has purchased fromthe Peela Balaji today West : Visakhapatnam to Araku Road North : Property belongs to Dharani Apartments and A Nagesh and Others 2) DOCUMENT NO.2437/2013: All that piece and parcel of vacant site measuring an extent of 884.34 sq.yards or 739.42 Sq.meters situated in Balaji Garden’s bearing Plot No.9 A Part (B), Covered by S.No.123P & 124P of Vepagunta Village within the limits of Greater Visakhapatnam Municipal Corporation, Gopalapatnam S.R.O. Limits, Visakhapatnam district and bounded by:- East: Property belongs to M/s ChandanaBrothersShopping Mall South : Property belongs to Vendee West : Visakhapatnam Aruku Road North : Property belongs to the Vendee who has purchasedfrom The Peela Vijaya Lakshmi PeelaSrikanth today.

BAANKNET Property ID: CNRB13591RAMAYYA1
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Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALIZED ARM BRANCH VISAKHAPATNAM-II
Auction type
SARFAESI Auction
Borrower
M/s M***** C***** L****
Auction start
19 Nov 2026, 01:00 PM
Auction end
19 Nov 2026, 02:00 PM
EMD submission deadline
19 Nov 2026, 01:50 PM
Inspection
12 Nov 2026, 10:00 AM – 12 Nov 2026, 06:00 PM
Authorised officer
KOTESHWARA RAO
Officer contact
9618359294
E-auction portal
BAANKNET (Property ID CNRB13591RAMAYYA1)
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Previous Auctions of This Property

Auction dateReserve price
19 Nov 2026₹11,78,55,000This auction
22 Oct 2026₹13,08,55,000View

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 CNRB13591RAMAYYA1)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 19 Nov 2026, 01:50 PM. It is refunded if you don't win.
  5. Bid online on 19 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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