227.15 sq yd Residential Plot for Auction in Bhimavaram – KVB

Property Details

Property type

Residential Plot (Residential)

Possession

Not specified

Area

227.15 sq yd (≈ 2,044 sq ft)

Reserve price / sq ft

₹1,761

Locality

—

City

Bhimavaram

State

Andhra Pradesh

Address

SCHEDULE-I Residential vacant land situated at Near D.No.25-9-245, R.S No.459/3 Revenue ward No.20, Ram Laxman Nagar, Bhimavaram Town & Municipality, West Godavari District with an extent of 227.15 Sq Yards (as per sale deed) and net extent is 156 23 sq Yards belongs to Mr. Devi Naresh, is being bounded by: North: 30ft Wide Road, South: Site of Bathina Venkata Swamy, East: Site of Tanikonda Vijaya Kumar. West: Site of Benzirbal in this number. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Karur Vysya Bank

Branch

Bhimavaram Branch

Auction type

SARFAESI Auction

Borrower

M/s G***** S** F****

Auction start

27 Nov 2026, 11:00 AM

Auction end

27 Nov 2026, 12:00 PM

EMD submission deadline

26 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2439612

Price Check

This listing's reserve price works out to ₹1,761 per sq ft. The average across residential bank auctions in Bhimavaram on our site is ₹2,670 per sq ft, so this one is 34% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (4Closure · Listing 2439612), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,60,000 before 26 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 27 Nov 2026 starting above the reserve price, in multiples of ₹25,000.
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.