784 sq feet Flat for Auction in Flat No. 506, Srinivasa Towers, Ngo Colony,narasaraopet, Narasaraopet – Canara

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

784 sq feet (≈ 784 sq ft)

Reserve price / sq ft

₹3,890

Locality

Flat No. 506, Srinivasa Towers, Ngo Colony,narasaraopet

City

Narasaraopet

State

Andhra Pradesh

Pincode

522601

Address

Flat No. 506, SRINIVASA TOWERS, NGO COLONY,NARASARAOPET, Andhra Pradesh, 522601 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

VIJAYAWADA SPECIALISED ARM BRANCH

Auction type

SARFAESI Auction

Borrower

MARRIPUDI S*****

Auction start

30 Nov 2026, 02:00 PM

Auction end

30 Nov 2026, 04:00 PM

EMD submission deadline

30 Nov 2026, 12:00 PM

Inspection

24 Nov 2026, 11:00 AM – 24 Nov 2026, 04:00 PM

Authorised officer

mahesh babu

Officer contact

8309927994

E-auction portal

BAANKNET (Property ID CNRB97607251N)

Price Check

This listing's reserve price works out to ₹3,890 per sq ft. The average across residential bank auctions in Narasaraopet on our site is ₹2,481 per sq ft, so this one is 57% above 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 24 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB97607251N)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 30 Nov 2026, 12:00 PM. It is refunded if you don't win.
5. Bid online on 30 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.