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Commercial Shops in Markapur, Prakasam, Andhra Pradesh

Markapur, Prakasam, Andhra Pradesh

This commercial property in Markapur, Prakasam, Andhra Pradesh is up for auction by Canara Bank, at a reserve price of ₹4.81 Cr. The stated extent is 1,176 sq yd. An earnest-money deposit of ₹48.11 L is due by 23 Oct 2026, 04:00 PM IST. Bidding opens on 26 Oct 2026, 10:30 AM IST on the official e-auction portal. The listing is republished from a statutory SARFAESI sale notice and refreshed daily; verify every detail against the notice before bidding.

Reserve price
₹4.81 Cr
Auction starts
26 Oct 2026, 10:30 AM IST

Open the full listingSale notice (PDF)View on the official portal

Auction details

Reserve price₹4.81 Cr
EMD amount₹48.11 L
Auction starts26 Oct 2026, 10:30 AM IST
Auction ends26 Oct 2026, 11:30 AM IST
EMD deadline23 Oct 2026, 04:00 PM IST
Inspection20-10-2026 11:00 – 20-10-2026 16:00
BankCanara Bank
BranchSPECIALIZED ARM BRANCH, TIRUPATI
Property typeCommercial
Sub typeShops
Extent1,176 sq yd
PIN code523316
StatusUpcoming
Bank property IDCNRBRAVURI2
Type of auctionUnder SARFAESI
PossessionSymbolic
LocalityCUMBUM
Borrower addressH no: 19-63, Ramalayam Street Cumbum, Prakasam Dist – 523333 AP
Authorised officerP GOWRISHANKAR (Authorised Officer - Scale - IV - CM)
Inspection contactG V GOPI SANDEEP · 9491061630
Bid increment₹100,000
Auto-extensionExtends 5 min on a bid in the last 5 min
EMD window opens22 Sep 2026, 11:52
VillageKagithalagudem
Taluka / tehsilCumbum
Survey no.38/1

Legal description

All that part and parcel of vacant land at Prakasam District, Markapur RD and Cumbum Sub District and Cumbum Mandal and in Hazarathgudem gram panchayat limits in Kagithalagudem Village in Sy no: 38/1 and 6/4 measuring 1176 sq yards bounded by North: State Bank of India building South: House of the applicant East: High way road and site of the vendor West: Site of the applicant Within the above boundaries measuring East to West : 108 ft and North to South: 98 ft measuring in total 1176 sq yards or 987.84 sq mts

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This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.