0.24 cent Office for Auction in Nellore – Tata Capital

Property Details

Property type

Office (Commercial)

Possession

Not specified

Area

0.24 cent (≈ 104 sq ft)

Reserve price / sq ft

₹56,132

Locality

—

City

Nellore

State

Andhra Pradesh

Address

All that piece and parcel of the Sri Potti Sriramulu Nellore District, Gudur Registration District, Muthukur Sub-Registrar Office, Thotapalli Gudur Mandal, Varigonda Grama Panchayat, Varigonda Village, Revenue Village Ravurivari Kandrigam. Wetland in Sy. No. 771/1 admeasuring Ac. 0.24 cents, Sy. No. 773/1 admeasuring Ac. 0.60 cents, Sy. No. 772/A admeasuring Ac. 0.60 cents, Sy. No. 772/B admeasuring Ac. 0.50 cents. Totally admeasuring Ac. 1.90 cents or 0.769 hectares, which land was divided into approved layout plots vide Layout Plan approved by the Regional Deputy Director of Town and Country Planning, Nellore, bearing L.P. No. 162/2010/DTCPO/NLR, under the name and style of MAHENDRAREDDY NAGAR, in it Plot No. 05, admeasuring 55.938 Ankanams of site, and particularly the North-Eastern side extent of 33.341 Ankanams or 266.728 square yards of vacant site., standing on the name of Sri. Chemudu Gunta Santha Kumar with an vide Document No.69/2025 and bounded as follows:-Boundaries: East: Site in Plot No.06-dimension in this direction 72-00; South: Remaining site in this plot-dimension in this direction 33-04; West: Remaining site in this Plot-dimension in this direction 74-05; North: 33ft., width layout road- dimension in this direction 32-03; Within these boundaries an extent of 33.341 ankanams or 266.728 sq yards of vacant site including with all easement rights View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Tata Capital

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

26 Nov 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 468969

Price Check

This listing's reserve price works out to ₹56,132 per sq ft. The average across commercial bank auctions in Nellore on our site is ₹14,287 per sq ft, so this one is 293% above 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 (AuctionTiger · Auction ID 468969), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 26 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.