0.28 acres Commercial Building for Auction in Amarapuram, Tirupati – Canara

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

0.28 acres (≈ 12,196 sq ft)

Reserve price / sq ft

₹1,990

Locality

Amarapuram

City

Tirupati

State

Andhra Pradesh

Pincode

517501

Address

AMARAPURAM, Tirupati, Andhra Pradesh, 517501 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

SPECIALIZED ARM BRANCH, TIRUPATI

Auction type

SARFAESI Auction

Borrower

M/s S*** M***** T*****

Auction start

17 Oct 2026, 10:30 AM

Auction end

17 Oct 2026, 11:30 AM

EMD submission deadline

16 Oct 2026, 04:00 PM

Inspection

09 Oct 2026, 11:00 AM – 09 Oct 2026, 04:00 PM

Authorised officer

P PAVAN KUMAR YADAV

Officer contact

8880688884

E-auction portal

BAANKNET (Property ID CNRBSURESHRAJUC)

Price Check

This listing's reserve price works out to ₹1,990 per sq ft. The average across commercial bank auctions in Tirupati on our site is ₹8,863 per sq ft, so this one is 78% 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 9 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRBSURESHRAJUC)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 16 Oct 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 17 Oct 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.