1 acres Commercial Building for Auction in Bhimavaram, Bhimavaram – BOB

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

1 acres (≈ 43,560 sq ft)

Reserve price / sq ft

₹1,556

Locality

Bhimavaram

City

Bhimavaram

State

Andhra Pradesh

Pincode

534201

Address

Bhimavaram, Andhra Pradesh, 534201 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Baroda

Branch

BHIMAVARAM - 836

Auction type

SARFAESI Auction

Borrower

K P S** F**** R***** by i** P***** 1. Mr K***** P*** V***** 2. Mr. K***** B*** C***** 3. M***** G*** K***** 4. Mrs. K***** B***

Auction start

12 Nov 2026, 02:00 PM

Auction end

12 Nov 2026, 06:00 PM

EMD submission deadline

12 Nov 2026, 06:00 PM

Inspection

06 Nov 2026, 11:00 AM – 06 Nov 2026, 02:00 PM

Authorised officer

Mr. Ravi

Officer contact

9542356746

E-auction portal

BAANKNET (Property ID BARB0KPSEAFOODS)

Price Check

This listing's reserve price works out to ₹1,556 per sq ft. The average across commercial bank auctions in Bhimavaram on our site is ₹2,578 per sq ft, so this one is 40% 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 6 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID BARB0KPSEAFOODS)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 12 Nov 2026, 06:00 PM. It is refunded if you don't win.
5. Bid online on 12 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.