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Commercial Building SARFAESI Auction Symbolic Possession

0.27 acres Commercial Building for Auction in Kadapa, Kadapa – Canara

Kadapa, Kadapa, Andhra Pradesh · Auction ID #227

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Commercial Building photo 1 Commercial Building photo 2
Reserve Price ₹2,82,18,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 16 Oct 2026, 10:30 AM In 16 days
EMD Last Date 15 Oct 2026, 04:00 PM In 15 days
Area0.27 acres

Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
0.27 acres (≈ 11,761 sq ft)
Reserve price / sq ft
₹2,399
Locality
Kadapa
City
Kadapa
Pincode
516002
Address
Kadapa, Andhra Pradesh, 516002 View on map

Description (as per sale notice)

Kadapa District, Kadapa Sub District, Kadapa Municipal Corporation, Lands situated at Gudur village with the following boundaries: Circar punji D No 483 to an extent of A.C. 0.27 cents vacant site out of A.C.2.50 cents Bounded by Boundaries: East: Land of Gongalreddy Ramachandra Reddy's D Schedule Property West: Rastha North: Rastha South: Road

BAANKNET Property ID: CNRBRAGHUNATHA2B

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALIZED ARM BRANCH, TIRUPATI
Auction type
SARFAESI Auction
Borrower
G R***** R****
Auction start
16 Oct 2026, 10:30 AM
Auction end
16 Oct 2026, 11:30 AM
EMD submission deadline
15 Oct 2026, 04:00 PM
Inspection
06 Oct 2026, 11:00 AM – 06 Oct 2026, 04:00 PM
Authorised officer
P PAVAN KUMAR YADAV
Officer contact
8880688884

Price Check

This listing's reserve price works out to ₹2,399 per sq ft. The average across commercial bank auctions in Kadapa on our site is ₹8,047 per sq ft, so this one is 70% 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 6 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRBRAGHUNATHA2B)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 15 Oct 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 16 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.

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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