E-Auction Sale Notice: Industrial Land and Guest House Auction by Canara Bank SARB, Tirupati
Jul 01, 2026 • Farheen • Auction Notices / Real Estate Notices
Source:
Eenadu Newspaper
Canara Bank (Specialised ARM Branch, Tirupati) has issued a public notice for the e-auction of a mortgaged secured asset belonging to borrower M/s Induus GenX Expressions Limited and its directors/guarantors. Due to an outstanding default balance of ₹26,94,63,997.85 as of 31.05.2026, a 14.89-acre industrial land parcel (SEZ) including a guest house building at Koduru Village, Chilamathur Mandal, Sri Sathya Sai District will be auctioned. The e-auction is scheduled for 20.07.2026 between 10:30 AM and 11:30 AM with a reserve price of ₹31,55,000/- and an EMD of ₹3,15,50,000/- (to be deposited by 18.07.2026). For detailed terms, visit canarabank.com or baanknet.com, or contact the bank at 7901626759 or 9901574353.