1,050 sq ft Flat for Auction in Rajamahendravaram – DCB

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

1,050 sq ft

Reserve price / sq ft

₹1,429

Locality

—

City

Rajamahendravaram

State

Andhra Pradesh

Address

All Piece And Parcel Of Property The East Facing Flat No.C-1 In 3rd Floor Plinth Area 1050 Sq. Ft Door No. 13-1-47/3 S.No.345-2 Situated At Village Veleswaram Village Yeleswaram Mandal East Godavari. Bounded By: East-Common Corridor; South-Plot No.C2; West-Steps; North-Common Corridor. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

Eluru Road

Auction type

SARFAESI Auction

Borrower

MR G**** L*** M*****

Auction start

28 Oct 2026, 11:30 AM

Auction end

28 Oct 2026, 01:00 PM

EMD submission deadline

27 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2444829

Price Check

This listing's reserve price works out to ₹1,429 per sq ft. The average across residential bank auctions in Rajamahendravaram on our site is ₹2,513 per sq ft, so this one is 43% 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 2444829), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,50,000 before 27 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 28 Oct 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.