985 sq yard House for Auction in Pedana, Machilipatnam – SBI

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

985 sq yard (≈ 8,865 sq ft)

Reserve price / sq ft

₹891

Locality

Pedana

City

Machilipatnam

State

Andhra Pradesh

Pincode

521366

Address

PEDANA, Andhra Pradesh, 521366 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

DODDIPATLA V***** R**

Auction start

26 Nov 2026, 11:00 AM

Auction end

26 Nov 2026, 04:00 PM

EMD submission deadline

26 Nov 2026, 03:58 PM

Inspection

29 Oct 2026, 10:00 AM – 25 Nov 2026, 05:00 PM

Authorised officer

P Shravan Kumar

Officer contact

8121765159

E-auction portal

BAANKNET (Property ID SBIN78741458458)

Price Check

This listing's reserve price works out to ₹891 per sq ft. The average across residential bank auctions in Machilipatnam on our site is ₹9,818 per sq ft, so this one is 91% 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 29 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN78741458458)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Nov 2026, 03:58 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.