1,768 sq yard Industrial Plot for Auction in Ibrahimpatnam, Vijayawada – Canara

Property Details

Property type

Industrial Plot (Industrial)

Possession

Symbolic Possession

Area

1,768 sq yard (≈ 15,912 sq ft)

Reserve price / sq ft

₹1,068

Locality

Ibrahimpatnam

City

Vijayawada

State

Andhra Pradesh

Pincode

521228

Address

Ibrahimpatnam, Andhra Pradesh, 521228 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

M/s V***** E***** S***** P***** L*****

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

27 Nov 2026, 11:00 AM – 27 Nov 2026, 04:00 PM

Authorised officer

NAGARAJ C MEESHI

Officer contact

8331011695

E-auction portal

BAANKNET (Property ID CNRB23539454606)

Price Check

This listing's reserve price works out to ₹1,068 per sq ft. The average across industrial bank auctions in Vijayawada on our site is ₹1,034 per sq ft, so this one is 3% 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.

Previous Auctions of This Property

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 27 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB23539454606)), 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.