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Commercial Shops in Ongole, Prakasam, Andhra Pradesh
Ongole, Prakasam, Andhra Pradesh
This commercial property in Ongole, Prakasam, Andhra Pradesh is up for auction by Canara Bank, at a reserve price of ₹1.64 Cr. The stated extent is 120 sq yd. An earnest-money deposit of ₹16.42 L is due by 26 Oct 2026, 04:00 PM IST. Bidding opens on 27 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.
Open the full listingSale notice (PDF)View on the official portal
Auction details
| Reserve price | ₹1.64 Cr |
|---|---|
| EMD amount | ₹16.42 L |
| Auction starts | 27 Oct 2026, 10:30 AM IST |
| Auction ends | 27 Oct 2026, 11:30 AM IST |
| EMD deadline | 26 Oct 2026, 04:00 PM IST |
| Inspection | 19-10-2026 11:00 – 19-10-2026 16:00 |
| Bank | Canara Bank |
| Branch | SPECIALIZED ARM BRANCH, TIRUPATI |
| Property type | Commercial |
| Sub type | Shops |
| Extent | 120 sq yd |
| PIN code | 523001 |
| Status | Upcoming |
| Bank property ID | CNRBLAKSHMIRUBBER |
| Type of auction | Under SARFAESI |
| Possession | Symbolic |
| Borrower address | M/s Lakshmi Rubber Products Represented by its proprietor Sri Dande Srinivasa Rao S/o D Yanadaiah, C-2, Industrial Estate, Kurnool Road, Ongole -523002 Prakasam Dist. Andhra Pradesh. |
| Authorised officer | P GOWRISHANKAR (Authorised Officer - Scale - IV - CM) |
| Inspection contact | P PAVAN KUMAR YADAV · 8880688884 |
| Bid increment | ₹100,000 |
| Auto-extension | Extends 5 min on a bid in the last 5 min |
| EMD window opens | 28 Sep 2026, 13:15 |
| Parcels in this lot | 7 |
| Extent (sale notice) | 89.7 sq yd + 828 sq ft + 195.1 sq yd + 74.75 sq yd + 485.3 sq ft + 44.85 sq yd |
| Floor | First |
| Shop no. | 28, 10 |
Legal description
Prakasam District, Ongole Sub registration, Ongole Municipal Corporation limits, Ongole Town, Mahendra Nagar, Ward no 5, Block no 1-TS. No:2 an extent of 89.70 sq yards (extent is rectified through registered Rectification deed under Doc no: 6994/2005) in it shop no: 28,29,30 an extent of 828 sq ft southern side row rooms from west to east in first floor RCC D no: 37-1-158 (36 to 40) Doc no:5606/2005 Bounded by East: Steps Passage South: Property of Shaik Khasim Adjacent to this property own wall West: Road leads to Mukthinuthalapadu North: 7 ft wide passage Item no: 1 -Prakasam District, Ongole Sub registration, Ongole Municipal Corporation limits, Ongole Town, Mahendra Nagar, Ward no 5, Block no 1-TS. No:2 an extent of 195.1 sq yards of site 1730.2 sq ft in first floor RCC D No: 37-1-158 (36 to 40) (Property under doc no: 6157/2005 dt: 12.09.2005) Bounded by East: This property own wall South: 6 ½ feet wide joint passage West: This property own wall adjacent to Municipal Bazaar North: This property own wall Item no: 2 -Prakasam District, Ongole Sub registration, Ongole Municipal Corporation limits, Ongole Town, Mahendra Nagar, Ward no 5, Block no 1-TS. No:2 an extent of 74.75 sq yards of site in it shop no 10,11 an extent of 485.3 sq ft RCC in ground floor in Southern side row rooms from East to west (the extent is rectified through registered rectification deed bearing document no 6993/2005) D No: 37-1-158 (36 to 40) (Property under doc no: 5607/2005) Bounded by East: Joint wall between this property of Shaik Abdul Khader some extent, joint wall between this property and property of Dilshad. South: Property of Shaik Khasim adjacent to this property own wall West: Property of Shaik Abdul Khader in Ground floor some extent and steps in first floor some extent North: 7 ft wide passage Item no: 3 - Prakasam District, Ongole Sub registration, Ongole Municipal Corporation limits, Ongole Town, Mahendra Nagar, Ward no 5, Block no 1-TS. No:2 an extent of 44.85 sq yards of site (the extent is rectified through registered rectification deed bearing document no 6993/2005) in it RCC Second floor and third floor ACC construction D No: 37-1-158 (36 to 40) (Property under doc no: 5607/2005) Bounded by East: Remaining property of Shaik Abdul Khader South: Property if Shaik Khasim adjacent to this property West: Road leads ti Mukthinuthalapadu North: Property of Pallapati Sameul and others The above items 1 & 2 in total an extent of 119.60 sq yards of site and construction thereon Secon fllor RCC 4465 sft; Third floor ACC 4465 sft (Property under doc 5607/2005 dated 17.08.2005)
More auctions in Ongole
See all bank auctions in Ongole, Andhra Pradesh →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.