390 sq yd Land & Building for Auction in Bhimavaram – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

390 sq yd (≈ 3,510 sq ft)

Reserve price / sq ft

₹1,937

Locality

—

City

Bhimavaram

State

Andhra Pradesh

Address

Descriptions of the property; Property belongs to Mr.Pattapu Sridhar Vinayaka Rao (Applicant): All that piece and parcel of land and building in West Godavari District, Devarapalli Mandal, within the limits of Sri Ananthapalli Sub D, Yadavolu Panchayat, Yadavolu Village RS.No.856-3, the executants having 390 Sq.yards or 326.09 Sq.meters Site, and therein Assessment No. Door No. 1-114, R.C.C Building together with petal sheets shed boundaries particulars: Boundaries: East: Site belongs to Moduga Mani and Others, South: House, Site of Srirangam Jagannadham, E. Satyanarayana & Others, West: Panchayat Road, North: House Site of Moduga Durga Rao. Within the above boundaries site consisting of 390 Sq yards. The total extent item comes to 390 Sq.yards 326.09 Sq meters and therein Door No.1-114 R.C.C. Building, R.C.C. Cook Shed and Petal Shed and all House Equipments, Panchayat Water Tap, electrical service and with all usual easement rights View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

NTR Dist

Auction type

SARFAESI Auction

Borrower

Pattapu S***** V***** R**

Auction start

04 Dec 2026

Auction end

04 Dec 2026, 01:00 PM

EMD submission deadline

03 Dec 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 469013

Price Check

This listing's reserve price works out to ₹1,937 per sq ft. The average across residential bank auctions in Bhimavaram on our site is ₹2,670 per sq ft, so this one is 27% 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 (AuctionTiger · Auction ID 469013), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹6,80,000 before 03 Dec 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 4 Dec 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.