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Plot for sale in Kanigiri

Kanigiri, Prakasam, Andhra Pradesh – 523230

Indian Overseas Bank · PEDDA ALAVALAPADU-1038

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹15,53,000
EMD
₹1,55,300
Bid increment
₹25,000

Key dates

  1. Inspect the property15 Oct 2026, 10:00 AM – 29 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by30 Oct 2026, 11:00 AM
  3. Auction30 Oct 2026, 11:00 AM – 1:00 PM · in 15 days

What you'd pay at the reserve price

EMD, before the auction
₹1,55,300
Rest of 25% when you win (same or next day)
₹2,32,950
Balance 75%, usually within 15 days
₹11,64,750
Stamp duty and registration (about 5–8%, varies by state)
₹77,650 – ₹1.24 L

You may bid above the reserve in steps of ₹25,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Residential · Plot
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
PLOT NO.s 30,35,67,72,74&62 OF KRISHNAGIRI LAYOUT, SY NO.112 OF SANKHAVARAM, KANIGIRI-GARLAPET ROAD, MACHAVARAM MAJARA, KANIGIRI NAGARA PANCHAYAT, KANIGIRI MANDAL, PRAKASAM DIST
Borrower
Mr. DADDALA PEDA MALAKONDAIAH

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