90 sq yd Commercial Building for Auction in Srikakulam – Equitas SFB

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

90 sq yd (≈ 810 sq ft)

Reserve price / sq ft

₹1,265

Locality

—

City

Srikakulam

State

Andhra Pradesh

Address

Residential House Bearing Door No: 2-9, Old Assessment No: 527, New Assessment No: 668, Ad-Measuring: 90 Square Yards Or 75.6 Square Meters Or 810 Square Feet (Rcc House Of 576 Square Feet) Covered In Survey No: 160-11, Situated At Santalabailu Village, Talatariya Revenue Village, Talatariya Grama Panchayat, Jalumuru Mandalam, Sro Of Kotabommali, Registration District Of Srikakulam. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Equitas Small Finance Bank

Branch

Equitas Small Finance Bank Ltd. Anna Salai, Chennai - BO

Auction type

SARFAESI Auction

Borrower

Ravada U*****

Auction start

26 Nov 2026, 11:00 AM

Auction end

26 Nov 2026, 12:30 PM

EMD submission deadline

25 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹1,265 per sq ft. The average across commercial bank auctions in Srikakulam on our site is ₹681 per sq ft, so this one is 86% 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 (open notice).
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 (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,02,500 before 25 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 26 Nov 2026 starting above the reserve price, in multiples of ₹10,000.
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.