1,294.5 sq feet Flat for Auction in Gunadala, Vijayawada, Vijayawada – SBI

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

1,294.5 sq feet (≈ 1,294 sq ft)

Reserve price / sq ft

₹6,104

Locality

Gunadala, Vijayawada

City

Vijayawada

State

Andhra Pradesh

Pincode

520004

Address

Gunadala, Vijayawada, Andhra Pradesh, 520004 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB VIJAYAWADA-64267

Auction type

SARFAESI Auction

Borrower

NAKKA J*****

Auction start

26 Nov 2026, 11:00 AM

Auction end

26 Nov 2026, 04:00 PM

EMD submission deadline

26 Nov 2026, 03:59 PM

Inspection

29 Oct 2026, 10:00 AM – 25 Nov 2026, 04:00 PM

Authorised officer

Shahensha Hussian

Officer contact

9989179786

E-auction portal

BAANKNET (Property ID SBINNAKKA2674)

Price Check

This listing's reserve price works out to ₹6,104 per sq ft. The average across residential bank auctions in Vijayawada on our site is ₹5,035 per sq ft, so this one is 21% 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 29 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBINNAKKA2674)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Nov 2026, 03:59 PM. It is refunded if you don't win.
5. Bid online on 26 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.