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Other in Eluru

Eluru

Reserve price
₹12.15 Cr
Auction date
12 Mar 2026
1:00 PM
EMD deadline
08 Dec 2025
6:00 PM
Bid increment
₹50,000.00

Location details

Property Address
Nova's Institute of Technology, at National Highway, Tangellamudi Gram Panchayat, Eluru Mandal, West Godavari.
City: Eluru
District: Eluru
State: Andhra Pradesh
Pin Code: 534005
Country: India

Auction timeline

Auction starts
12 Mar 2026 at 1:00 PM
Auction ends
12 Mar 2026 at 2:00 PM
EMD submission deadline
08 Dec 2025 at 6:00 PM

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

Property overview

Type
Other
Sub Type
Others
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹12.79 Cr
Property Identifiers
Bank Property ID
CNRB13591MOUNT2
Collateral ID
1268304930041

Property Images

Price history

3 previous auctions
₹14.1Cr29 May₹12.8Cr₹12.2CrNow 14.0% down
₹12,79,00,000.00
17 Jan 2026
Other
Canara Bank logoCanara BankPossession: Symbolic
₹12,79,00,000.00
9 Dec 2025
Other
Canara Bank logoCanara BankPossession: Symbolic
₹14,12,00,000.00
29 May 2025
Other
Canara Bank logoCanara BankPossession: Symbolic

Borrower & Loan details

Borrower Name
M/S MOUNT DIOS EDUCATIONAL SOCIETY
Registered Address of Borrower
D NO 541514 MUTTAMSETTY COMPLEX,BHARATHINAGAR,VIJAYAWADA ANDHRA PRADESH-520008
Owner
Nova Educational Society represented by Smt. Muttamsetty Vijaya Nirmala Nemmadi Chandrakala
Ownership of Property
Guarantor Cum Mortgagor
NPA Amount
₹21.78 Cr
NPA Date
13 Dec 2020
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
1268304930041
Customer ID
126830493
Possession Dates
Symbolic
18 Apr 2024

Additional details

Description
i. Mortgage land and college building in the extent of 0.42 cents at R.S no 15/1, Near Door No.5-148, Nova's Institute of Technology, at National Highway, Tangellamudi Gram Panchayat, Eluru Mandal, West Godavari. Boundaries are of R.S no 15/1: East: land belongs to others, South: land belong to Ravuri Bala ramamurthy West: Land belongs to Challarima Haimavathi North: Panta Bode ii. Mortgage land and college building in the extent of 0.85 cents at R.S no 15/6, Near Door No.5-148, Nova's Institute of Technology, at National Highway, Tangellamudi Gram Panchayat, Eluru Mandal, and West Godavari. Boundaries are of Rs no 15/6: East: land of Yadlapalli Subbarao South: Nabi kunta West: property of Challamolu Venkayamma North: Panta bode/irrigation canal iii. Mortgage land and collage building in extent of 1 acre 31 cents situated in R.S.Nos, 15/2 Part, 15/3 Part, 15/4 Part, 15/5Part, Part, Near Door No.5-148, Nova's Institute of Technology, at National Highway, Tangellamudi Gram Panchayat, Eluru Mandal, West Godavari Boundaries are of Rs no 15/2,15/3,15/4,15/5: East: Property of Challamolu Venkayamma South: Drainage West: Nabikunta tank Bund North: Panta Bode/irrigation canal

EMD Schedule

EMD Start
23 Feb 2026
5:18 PM
EMD Deadline
11 Mar 2026
6:00 PM
Payment Deadline
08 Dec 2025

Inspection Schedule

Inspection Start
05 Mar 2026
10:00 AM
Inspection End
05 Mar 2026
4:00 PM

Officer Details

Authorized Officer
SATYANARAYANA TATIKONDA
Authorised Officer - Scale - IV - CM
Dealing Officer
ANIL KUMAR R

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹50,000.00
Extension Increment
₹50,000.00
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
1268304930041
Property ID
CNRB13591MOUNT2
Canara Bank logo
Canara Bank
Verified seller
Branch: SPECIALIZED ARM BRANCH VISAKHAPATNAM-II
IFSC: CNRB

Bank contact

+91 97054 15611
Branch Address
D NO.30-15-141, I FLOOR,PAVAN COMMERCIAL COMPLEX, MAIN ROAD DABA GARDENS,VISAKHAPATNAM
Branch IFSC
CNRB0013591
Department
SPECIALIZED ARM BRANCH VISAKHAPATNAM-II