Factory SARFAESI Auction Symbolic Possession

Factory for Auction in Narasaraopet, Narasaraopet – Canara

Narasaraopet, Narasaraopet, Andhra Pradesh · Auction ID #115420

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Factory for auction in Narasaraopet, Narasaraopet – Canara – photo 1
Reserve Price ₹1,90,00,000 10% lower than previous auction (₹2.11 Cr)
EMD (Earnest Money)—
Bid Increment—
Auction Date 16 Nov 2026, 02:00 PM In 2 days
EMD Last Date 16 Nov 2026, 12:00 PM In 2 days
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Property Details

Property type
Factory (Industrial)
Possession
Symbolic Possession
Locality
Narasaraopet
Pincode
522601
Address
Narasaraopet, Andhra Pradesh, 522601 View on map

Description (as per sale notice)

G I SHEET ROOF INDUSTRIAL SHEDS AC 4.50 CENTS

BAANKNET Property ID: CNRB2353780811
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Bank & Auction Details

Bank / Lender
Canara Bank
Branch
VIJAYAWADA SPECIALISED ARM BRANCH
Auction type
SARFAESI Auction
Borrower
SUBHAM K**** P***** (** L**
Auction start
16 Nov 2026, 02:00 PM
Auction end
16 Nov 2026, 04:00 PM
EMD submission deadline
16 Nov 2026, 12:00 PM
Inspection
12 Nov 2026, 11:00 AM – 12 Nov 2026, 04:00 PM
Authorised officer
mahesh babu
Officer contact
8309927994
E-auction portal
BAANKNET (Property ID CNRB2353780811)
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Previous Auctions of This Property

Auction dateReserve price
16 Nov 2026₹1,90,00,000This auction
03 Oct 2026₹2,11,00,000View

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 CNRB2353780811)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 16 Nov 2026, 12:00 PM. It is refunded if you don't win.
  5. Bid online on 16 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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