72 sq yd House for Auction in Machilipatnam – Tata Capital

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

72 sq yd (≈ 648 sq ft)

Reserve price / sq ft

₹8,840

Locality

—

City

Machilipatnam

State

Andhra Pradesh

Address

All that The Piece and parcel of an extent of 72.0 Sq.yards or 60.20 Sq.Mtrs of site and RCC roofed constructions therein, in R.S.No.7(P), 8,9(P), 17(P), Plot No. 424, Present Municipal Ward No.31A, Old Assessment No.31047A/424, New Assessment No.93432, Door No.76-17-424, situated at Urmila Subbarao Nagar, Bhavanipuram, Vijayawada Municipal Corporation, Vijayawada, Krishna District standing on name of Mr. Kota Kiran Kumar vide Registered Sale Deed No.14683/2006 and bounded as follows: Boundaries: East: Municipal Road, South: Plot No.425. Property of Jhansi Lakshmi AA-36-0, West: Property in Plot No.444, North: Property of Tulluri Radhika in Plot No.423 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Tata Capital

Branch

Srinivasa Bank Colony

Auction type

SARFAESI Auction

Borrower

Mr K*** K**** K****

Auction start

26 Nov 2026, 02:00 PM

Auction end

26 Nov 2026, 03:00 PM

EMD submission deadline

25 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2443036

Price Check

This listing's reserve price works out to ₹8,840 per sq ft. The average across residential bank auctions in Machilipatnam on our site is ₹9,818 per sq ft, so this one is 10% 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 2443036), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹5,72,800 before 25 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 26 Nov 2026 starting above the reserve price, in multiples of ₹10,000.
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.