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Factory Bank Auction Symbolic Possession

Factory for Auction in Vijayawada, Ibrahimpatnam, Vijayawada – Canara

Vijayawada, Ibrahimpatnam, Vijayawada, Andhra Pradesh · Auction ID #82191

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Factory photo 1
Reserve Price ₹2,09,31,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 21 Oct 2026, 02:00 PM In 19 days
EMD Last Date 21 Oct 2026, 12:00 PM In 19 days

Property Details

Property type
Factory (Industrial)
Possession
Symbolic Possession
Locality
Vijayawada, Ibrahimpatnam
Pincode
521456
Address
VIJAYAWADA, Ibrahimpatnam, Andhra Pradesh, 521456 View on map

Description (as per sale notice)

An extent of 1444.76sqyds or 1208sqmts of site with shed No: 11 in S.No.42P, 43P, Industrial Development Area, Kondapalli, Ibrahimpatnam Mandal, SRO Ibrahimpatnam, Krishna Dist. Belongs to M/S GAYATHRI ENIGNEERS Prop KATTA SRINIVAS S/O KRISHNA MURTHY, within the following boundaries: East: open space South: shed no.10 West: 12.0M wide road North: Shed No.12

BAANKNET Property ID: CNRB109163021J

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
VIJAYAWADA SPECIALISED ARM BRANCH
Auction type
Bank Auction
Borrower
M/s M***** C***** P***** L*****
Auction start
21 Oct 2026, 02:00 PM
Auction end
21 Oct 2026, 04:00 PM
EMD submission deadline
21 Oct 2026, 12:00 PM
Inspection
15 Oct 2026, 11:00 AM – 15 Oct 2026, 04:00 PM
Authorised officer
NAGARAJ C MEESHI
Officer contact
8331011695

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 15 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRB109163021J)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 21 Oct 2026, 12:00 PM. It is refunded if you don't win.
  5. Bid online on 21 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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