2 cent Land & Building for Auction in Bhimavaram – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

2 cent (≈ 871 sq ft)

Reserve price / sq ft

₹4,362

Locality

—

City

Bhimavaram

State

Andhra Pradesh

Address

Descriptions of the property: Property belongs to Mr. POKALA KISHORE BABU (Applicant): All that piece and parcel of land and building in an extent of Sq.y. 290.4 1.e., Sq.m 242.82 of site and RCC building there-in bearing nearest D.No.9-96 and as per the house tax receipt D.No.3-141/3 which consists Ground and first floor on the southern side out of Ac.0-50 1/2 cents out of Ac. 1-01 cents in R.S.No. 115/6 is bounded by: East: Land of Vardhanapu may day. South: Site of Bodapati ram-babu, West: Site of Rampa Rathna Raju, North: Building of Pokala Rathna raju of Losarigootlapadu Village Gollavanitippa Grama Panchayat area H/o Losarigootlapadu, Bhimavaram SRO Bhimavaram mandal, west godavari district 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

Pokala K***** B***

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 469014

Price Check

This listing's reserve price works out to ₹4,362 per sq ft. The average across residential bank auctions in Bhimavaram on our site is ₹2,722 per sq ft, so this one is 60% 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.

Previous Auctions of This Property

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 469014), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,80,000 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 ₹50,000.
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.