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VACANT SITE for sale in KOTHAVALASA Industrial Park Balighattam

Industrial Park Balighattam, Vizianagaram, Andhra Pradesh – 535183

Canara Bank · SPECIALIZED ARM BRANCH VISAKHAPATNAM-II

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹1,15,00,000
EMD
₹11,50,000
Bid increment
₹1,00,000
Area
40,320 sq ft
Price per sq ft
₹285

This is the 9th auction of this property. The last auction had a reserve of ₹1,15,00,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property15 Oct 2026, 10:00 AM – 15 Oct 2026, 6:00 PM
  2. Pay EMD and submit bid by22 Oct 2026, 1:50 PM (EMD closes in 6 days)
  3. Auction22 Oct 2026, 1:00 PM – 2:00 PM · in 6 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
22 Oct 2026₹1,15,00,000—Upcoming
13 Aug 2026₹1,15,00,000—Closed
14 Jul 2026₹1,15,00,000-10.0%Closed
23 Jun 2026₹1,27,77,000—Closed
29 May 2026₹1,27,77,000-5.0%Closed
28 Apr 2026₹1,34,49,000—Closed
30 Mar 2026₹1,34,49,000-5.0%Closed
12 Jan 2026₹1,41,57,000—Closed
18 Dec 2025₹1,41,57,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹11,50,000
Rest of 25% when you win (same or next day)
₹17,25,000
Balance 75%, usually within 15 days
₹86,25,000
Stamp duty and registration (about 5–8%, varies by state)
₹5.75 L – ₹9.20 L

You may bid above the reserve in steps of ₹1,00,000. 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
Other · Others
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
the total extent of 4,480 Sq. Yards or 1471 Sq. Mts. Situated in, covered by survey no.27-3 of Bheemali Village Lakkaravapukota Mandal, Kothavalasa SRO, Vizianagaram District.
Borrower
M/s. Perfect Binds, Prop. Midathana Pavani.

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