Factory for Auction in Narasaraopet, Narasaraopet – Canara

Property Details

Property type

Factory (Industrial)

Possession

Symbolic Possession

Locality

Narasaraopet

City

Narasaraopet

State

Andhra Pradesh

Pincode

522601

Address

Narasaraopet, Andhra Pradesh, 522601 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

VIJAYAWADA SPECIALISED ARM BRANCH

Auction type

SARFAESI Auction

Borrower

SUBHAM K**** P***** (** L**

Auction start

03 Oct 2026, 02:00 PM

Auction end

03 Oct 2026, 04:00 PM

EMD submission deadline

03 Oct 2026, 12:00 PM

Inspection

29 Sep 2026, 11:00 AM – 29 Sep 2026, 04:00 PM

Authorised officer

MAHESH BABU

Officer contact

8309927994

E-auction portal

BAANKNET (Property ID CNRB2353780811)

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 29 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB2353780811)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 03 Oct 2026, 12:00 PM. It is refunded if you don't win.
5. Bid online on 3 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.