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MACHINARY for sale in Ananthapuramu

Ananthapuramu, Andhra Pradesh – 515002

Canara Bank · SPECIALIZED ARM BRANCH, TIRUPATI

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹32,56,000
EMD
₹3,25,600
Bid increment
₹50,000

Key dates

  1. Inspect the property14 Oct 2026, 11:00 AM – 14 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by22 Oct 2026, 4:00 PM (EMD closes in 7 days)
  3. Auction23 Oct 2026, 10:30 AM – 11:30 AM · in 8 days

What you'd pay at the reserve price

EMD, before the auction
₹3,25,600
Rest of 25% when you win (same or next day)
₹4,88,400
Balance 75%, usually within 15 days
₹24,42,000
Stamp duty and registration (about 5–8%, varies by state)
₹1.63 L – ₹2.60 L

You may bid above the reserve in steps of ₹50,000. 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
Industrial · Others
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
Nandina Papi Reddy Sy. No. 79/2, 79/4, 79/5, 79/6 Chinmanya Nagar, JNTU Road, Prasannayapalli GP, Anantapur Andhra Pradesh – 515002. Contact: 9603658277
Borrower
Nandina Papi Reddy

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