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Commercial in VAKALAPUDI KAKINADA

VAKALAPUDI KAKINADA, Industrial Park Nemam

Reserve price
₹6.75 Cr
Auction date
11 Feb 2026
10:30 AM
EMD deadline
28 Oct 2025
11:00 PM
Bid increment
₹1,00,000.00

Auction timeline

Auction starts
11 Feb 2026 at 10:30 AM
Auction ends
11 Feb 2026 at 11:30 AM
EMD submission deadline
28 Oct 2025 at 11:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Plot
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹7.10 Cr
Property Identifiers
Bank Property ID
CNRB25339160602
Collateral ID
25339160602

Location details

Property Address
Near VSL Womens Degree & PG College, Vakalapudi, Kakinada - 533005
Locality: VAKALAPUDI KAKINADA
City: Industrial Park Nemam
District: Kakinada
State: Andhra Pradesh
Pin Code: 533005
Country: India

Price history

2 previous auctions
₹7.1Cr29 Oct₹6.8CrNow 4.9% down
₹6,75,00,000.00
11 Dec 2025
Commercial
Canara BankPossession: Physical
₹7,10,00,000.00
29 Oct 2025
Commercial
Canara BankPossession: Physical

Borrower & Loan details

Borrower Name
Sri Chundru Govinda Raju, S/o Subbaiah Chundru
Registered Address of Borrower
Sri Chundru Govinda Raju, S/o Subbaiah Chundru, D.No: 70-15-15, Chundru Govinda Raju Street, Road No 2, Suresh Nagar, Kakinada, East Godavari District, Andhra Pradesh- 533033
Ownership of Property
Guarantor
NPA Amount
₹77.68 Cr
NPA Date
01 Dec 2020
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
25339160602
Customer ID
253391606
Possession Dates
Physical
01 Sept 2021

Additional details

Description
East Godavari District Kakinada Urban previously SRO Kakinada presently SRO Sarpavaram, Suryaraopeta Village ,Kakinada Mandal,Kakinada Muncipality Corporation an extent of Ac 0.78 cents OR 3775.2 Sq Yds vacant site in new S.No.224/3 , bounded and measured as follows: East: Punta West: Land in S.No.224/2 South:Land in S.No.225/1 belongs to Pithani Satteyamma and others North: Land in S.No.223/3 belongs to Akula Arjuna Rao Within the above said boundaries an extent of Ac.0.78 cents 3775.2 Sq.Yds vacant site with all easementaryrights etc

EMD Schedule

EMD Start
23 Jan 2026
10:41 AM
EMD Deadline
10 Feb 2026
11:00 PM
Payment Deadline
28 Oct 2025

Inspection Schedule

Inspection Start
09 Feb 2026
10:00 AM
Inspection End
09 Feb 2026
5:00 PM

Officer Details

Authorized Officer
KOLAMGUNTA MOORTHY
Authorised Officer - Scale - IV- CM
Dealing Officer
Moorhy K

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
25339160602
Property ID
CNRB25339160602
Canara Bank
Verified seller
Branch: KAKINADA MAINII-13250
IFSC: CNRB

Bank contact

+91 99999 99999+91 83330 57117
Branch Address
D NO 33-1-44/45 SATYA COMPLEX, P O BOX 56 MAIN ROAD,
Branch IFSC
CNRB0013250
Department
KAKINADA MAINII-13250