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House SARFAESI Auction Symbolic Possession

0.41 acres House for Auction in Martur, Industrial Area Nagarajupalle, Bapatla – Canara

Martur, Industrial Area Nagarajupalle, Bapatla, Andhra Pradesh · Auction ID #7946

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House photo 1
Reserve Price ₹10,73,50,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 14 Oct 2026, 10:30 AM In 14 days
EMD Last Date 13 Oct 2026, 04:00 PM In 13 days
Area0.41 acres

Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
0.41 acres (≈ 17,859 sq ft)
Reserve price / sq ft
₹6,011
Locality
Martur, Industrial Area Nagarajupalle
Pincode
523301
Address
MARTUR, Industrial Area Nagarajupalle, Andhra Pradesh, 523301 View on map

Description (as per sale notice)

Item no 1: All that part and parcel of residential cum commercial building situated at Prakasam District, Martur SRO, Martur Mandal, Martur Village, Sy. No.578/AC to an extent of 41.00 cents and there in 2 Residential buildings with Ground & First Floor and 1 commercial building with Ground & First floor bearing D No.s :11-143 with assessment No 3853, D No:11-144 with assessment No.3854 & 11-145 with assessment No 3855 Bounded by: East: Site of Thirumalasetty Narasimha Rao – This side 171 links South: Dodda Gopalaswamy and company – This side 240 links West: Gowada Venkateswara Rao some extent, Dodda Gopalaswamy some extent and others site – This side 171 links Nort: 9links wide galli – This side 240 links (Covered under Regd. Sale Deed dated 14.09.1990 vide Doc.No.1324/1990 of SRO Martur)

BAANKNET Property ID: CNRBABHINAYAINDUSTRIES

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALIZED ARM BRANCH, TIRUPATI
Auction type
SARFAESI Auction
Borrower
Soupati S*****
Auction start
14 Oct 2026, 10:30 AM
Auction end
14 Oct 2026, 11:30 AM
EMD submission deadline
13 Oct 2026, 04:00 PM
Inspection
02 Oct 2026, 11:00 AM – 02 Oct 2026, 04:00 PM
Authorised officer
GOWRI SHANKAR
Officer contact
9994376626

Price Check

This listing's reserve price works out to ₹6,011 per sq ft. The average across residential bank auctions in Bapatla on our site is ₹2,207 per sq ft, so this one is 172% 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 2 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRBABHINAYAINDUSTRIES)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 13 Oct 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 14 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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