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MACHINERY 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
₹39,90,000
EMD
₹3,99,000
Bid increment
₹25,000

This is the 4th auction of this property. The last auction had a reserve of ₹39,90,000. 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 7 days)
  3. Auction22 Oct 2026, 1:00 PM – 2:00 PM · in 7 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
22 Oct 2026₹39,90,000—Upcoming
13 Aug 2026₹39,90,000—Closed
14 Jul 2026₹39,90,000-4.9%Closed
7 Apr 2026₹41,95,302—Closed

What you'd pay at the reserve price

EMD, before the auction
₹3,99,000
Rest of 25% when you win (same or next day)
₹5,98,500
Balance 75%, usually within 15 days
₹29,92,500
Stamp duty and registration (about 5–8%, varies by state)
₹2.00 L – ₹3.19 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
Other · Others
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
DNO 1-205,CHINNASTREET, BHEEMALI,KOTHAVALASA, VIZIANAGARAM-535240
Borrower
MIDATHANA PAVANI

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