410 sq yard House for Auction in Ongole, Ongole – Canara

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

410 sq yard (≈ 3,690 sq ft)

Reserve price / sq ft

₹1,261

Locality

Ongole

City

Ongole

State

Andhra Pradesh

Pincode

523001

Address

Ongole, Andhra Pradesh, 523001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

SPECIALIZED ARM BRANCH, TIRUPATI

Auction type

SARFAESI Auction

Borrower

Vinayaka P**** P***** I*****

Auction start

13 Nov 2026, 10:30 AM

Auction end

13 Nov 2026, 11:30 AM

EMD submission deadline

12 Nov 2026, 04:00 PM

Inspection

04 Nov 2026, 11:00 AM – 04 Nov 2026, 04:00 PM

Authorised officer

P GOWRI SHANKAR

Officer contact

9994376626

E-auction portal

BAANKNET (Property ID CNRBVINAYAKAPAPERPRODUCTS)

Price Check

This listing's reserve price works out to ₹1,261 per sq ft. The average across residential bank auctions in Ongole on our site is ₹5,025 per sq ft, so this one is 75% 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 4 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRBVINAYAKAPAPERPRODUCTS)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 12 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 13 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.