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Industrial Plot SARFAESI Auction Symbolic Possession

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

Ibrahimpatnam, Vijayawada, Andhra Pradesh · Auction ID #446

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Industrial Plot for auction in Ibrahimpatnam, Vijayawada – Canara – photo 1
Reserve Price ₹1,87,40,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 28 Sep 2026, 02:00 PM
EMD Last Date 28 Sep 2026, 12:00 PM
Area1,768 sq yard
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Property Details

Property type
Industrial Plot (Industrial)
Possession
Symbolic Possession
Area
1,768 sq yard (≈ 15,912 sq ft)
Reserve price / sq ft
₹1,178
Locality
Ibrahimpatnam
Pincode
521228
Address
Ibrahimpatnam, Andhra Pradesh, 521228 View on map

Description (as per sale notice)

Near Door No. 30-50, RS No. 114/1A3, Plot No.166-B,167, Road No.06, IDA, Kondapalli, Ibrahimpatnam, NTR District

BAANKNET Property ID: CNRB23539454606
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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
28 Sep 2026, 02:00 PM
Auction end
28 Sep 2026, 04:00 PM
EMD submission deadline
28 Sep 2026, 12:00 PM
Inspection
25 Sep 2026, 11:00 AM – 25 Sep 2026, 04:00 PM
Authorised officer
T RAMBABU
Officer contact
9502846875
E-auction portal
BAANKNET (Property ID CNRB23539454606)
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Price Check

This listing's reserve price works out to ₹1,178 per sq ft. The average across industrial bank auctions in Vijayawada on our site is ₹1,034 per sq ft, so this one is 14% 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 25 Sep 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 28 Sep 2026, 12:00 PM. It is refunded if you don't win.
  5. Bid online on 28 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.

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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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