2.79 acres Commercial Building for Auction in Nandyal, Nandyal – SBI

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

2.79 acres (≈ 1,21,532 sq ft)

Reserve price / sq ft

₹239

Locality

Nandyal

City

Nandyal

State

Andhra Pradesh

Pincode

518501

Address

NANDYAL, Andhra Pradesh, 518501 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB VIJAYAWADA-64267

Auction type

SARFAESI Auction

Borrower

M/S N** T*** R***** C***** P** L***

Auction start

25 Nov 2026, 11:00 AM

Auction end

25 Nov 2026, 04:00 PM

EMD submission deadline

25 Nov 2026, 03:55 PM

Inspection

23 Oct 2026, 10:00 AM – 24 Nov 2026, 04:00 PM

Authorised officer

K S R CHANDRA MURTHY

Officer contact

8332835007

E-auction portal

BAANKNET (Property ID SBIN64267NEWTECH279)

Price Check

This listing's reserve price works out to ₹239 per sq ft. The average across commercial bank auctions in Nandyal on our site is ₹3,470 per sq ft, so this one is 93% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 23 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN64267NEWTECH279)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 25 Nov 2026, 03:55 PM. It is refunded if you don't win.
5. Bid online on 25 Nov 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.