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Office SARFAESI Auction Symbolic Possession

2.36 acres Office for Auction in Anantapur – Canara

Anantapur, Andhra Pradesh · Auction ID #183

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Office photo 1 Office photo 2 Office photo 3
Reserve Price ₹5,43,84,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 29 Sep 2026, 10:30 AM
EMD Last Date 28 Sep 2026, 04:00 PM
Area2.36 acres

Property Details

Property type
Office (Commercial)
Possession
Symbolic Possession
Area
2.36 acres (≈ 1,02,801 sq ft)
Reserve price / sq ft
₹529
Locality
—
Pincode
515001
Address
Ananthapuramu, Andhra Pradesh, 515001 View on map

Description (as per sale notice)

PROPERTY – I All that piece and parcel of the Industrial site situated at Rapthadu village fields within Prasannayapalli Grama Panchayath area within SRD of Anantapuramu Rural and RD of Anantapuramu. Sy. No. A.C. 79/5 0.98 79/4 0.32 79/6 0.73 Bounded By: East: Land belongs to V Balappa West: Land belongs to V Pedda Eswara Reddy and others North: Land in Sy. No.79/2 South: Land belongs to V Pedda Eswara Reddy Total Extent: A.C. 2.03 Cents PROPERTY – II All that piece and parcel of the Industrial site situated at Rapthadu village fields within Prasannayapalli Grama Panchayath area within SRD of Anantapuramu Rural and RD of Anantapuramu. Sy. No. A.C. A.C. 79/2 0.36 out of this 0.33 Cents Out of the above, there is a construction of 9600 Sft Industrial shed named Sri Sai Balaji Industries is there bearing D.No:12-87. Bounded By: East: Land in Sy.No. 79/3, 79/4 belongs to the applicant West: Land in Sy.No. 81, belongs to Varada Reddy North: Rasta in Same survey number South: Land in Sy.No. 79/5, belongs to the applicant Total Extent: A.C. 0.33 Cents. Cersai Security Interest ID: 400087107587, 400087118588.

BAANKNET Property ID: CNRBSAIBALAJIINDUSTRIES

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALIZED ARM BRANCH, TIRUPATI
Auction type
SARFAESI Auction
Borrower
Sri S** B***** I*****
Auction start
29 Sep 2026, 10:30 AM
Auction end
29 Sep 2026, 11:30 AM
EMD submission deadline
28 Sep 2026, 04:00 PM
Inspection
10 Sep 2026, 11:00 AM – 10 Sep 2026, 04:00 PM
Authorised officer
GOWRI SHANKAR
Officer contact
9994376626

Price Check

This listing's reserve price works out to ₹529 per sq ft. The average across commercial bank auctions in Anantapur on our site is ₹1,341 per sq ft, so this one is 61% 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 10 Sep 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRBSAIBALAJIINDUSTRIES)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 28 Sep 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 29 Sep 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.

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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