62.22 sq yd House for Auction in Visakhapatnam – Chola

Property Details

Property type

House (Residential)

Possession

Not specified

Area

62.22 sq yd (≈ 560 sq ft)

Reserve price / sq ft

₹3,393

Locality

—

City

Visakhapatnam

State

Andhra Pradesh

Address

All the piece and parcel of Vacant site together with R.C.C. House in measuring 62.222 Sq.yds or 52.025 Sq.mts bearing Assessment No. 1087002613, Door No.15-17-12, covered by Town Survey No.75, Block No.2, Old Fort Ward, Gavarapalem, Nidanam Doddi, Peela Somesu Naidu Street, of Anakapalle Town, Anakapalle Sub-Registration District, Visakhapatnam Revenue Division and bounded by:- East Joint Wall belongs to this property and Konathala Baburao property West Joint Ganta Belongs to this property and Budha Yerra Appanna property North: 4feet Rasta belongs to this property and Kandregula Balakrishna property and after Kandregula Balakrishna Property. South Rasta After Budha Venkata Rao property measurements East to West 14 Feet or 4.26 mtrs North to South 40 Feet or 12.18 mtrs Plinth First Floor RCC-560 sq.ft Aged 20 years View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

14 Nov 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 470654

Price Check

This listing's reserve price works out to ₹3,393 per sq ft. The average across residential bank auctions in Visakhapatnam on our site is ₹4,880 per sq ft, so this one is 30% 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 (AuctionTiger · Auction ID 470654), 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 14 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.