981.75 sq ft Flat for Auction in Guntur – Canara

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

981.75 sq ft (≈ 981 sq ft)

Reserve price / sq ft

₹2,468

Locality

—

City

Guntur

State

Andhra Pradesh

Pincode

522004

Address

Guntur, Andhra Pradesh, 522004 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

HYDERABAD SPECIALISED ARM BRANCH

Auction type

Bank Auction

Borrower

M/s B***** W**** T*****

Auction start

21 Nov 2026, 11:30 AM

Auction end

21 Nov 2026, 12:30 PM

EMD submission deadline

20 Nov 2026, 05:00 PM

Inspection

05 Nov 2026, 11:00 AM – 19 Nov 2026, 04:00 PM

Authorised officer

V SANDEEP KUMAR

Officer contact

4027725259

E-auction portal

BAANKNET (Property ID CNRBHYDNOR019)

Price Check

This listing's reserve price works out to ₹2,468 per sq ft. The average across residential bank auctions in Guntur on our site is ₹7,791 per sq ft, so this one is 68% 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 5 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRBHYDNOR019)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 20 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 21 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.