69 sq yd Commercial Building for Auction in Ongole – Hinduja Housing Finance Limited

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

69 sq yd (≈ 621 sq ft)

Reserve price / sq ft

₹6,224

Locality

—

City

Ongole

State

Andhra Pradesh

Address

All that piece and parcel of Prakasam District, Chirala Sub Dist., Chirala Mandal, Chirala Municipal area, Perala Village, Old Municipal Ward No.4, Block No.3, TS. No.339, 394 is equal to Perala village Survey No. 304, Present Municipal Ward No.21, Old Door No.21-14-21, New Door No.21-14 21/2, Asst No.1032025000, Peerla Chavidi area, an extent of 69 Sq Yds site with RCC building is being bounded by:-. (Hereinafter called as the subject property) and schedule property is bounded as Towards POSITION: Residential Plot having Boundries is as under : NORTH : Property belongs to Patakota Venkata Rao-38 ft SOUTH :Property balongs to Shaik Gafoor 38 ft EAST : Joint passage-13. 10 1/2 ft WEST :Property belongs to Togara Manjula 18. 10 1/2 ft View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Hinduja Housing Finance Limited

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

17 Nov 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 469673

Price Check

This listing's reserve price works out to ₹6,224 per sq ft. The average across commercial bank auctions in Ongole on our site is ₹2,808 per sq ft, so this one is 122% 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 469673), 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 17 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.