2 sq yd Warehouse for Auction in Guntur – Chola

Property Details

Property type

Warehouse (Industrial)

Possession

Symbolic Possession

Area

2 sq yd (≈ 18 sq ft)

Reserve price / sq ft

₹40,00,000

Locality

—

City

Guntur

State

Andhra Pradesh

Address

Descriptions of the property: Property belongs to VENKATA SUDHAKAR (Applicant):- All the Part and Parcel of the Property situated at Guntur District, Nallapadu Sub-District Guntur, New Municipal Corporation Area, Ankireddypalem Village, D.No.150/A, out of Ac.1-53cts., in that an extent of 3337.1/2 Sq. Yds., with R.C.C Building, Go-Down, A.C.C. Godown with allfixtures and fittings there of Bounded by: BOUNDAIRES: North: GT.Road, East: Property fell to the share of Degala Rohini to some extent and property fell to the share of Degala Venkata Sudhakar Schedule-A, 2nd Item, South: Municipal Road, West: Ramesh Kumar Toshniwal Mirchi Godown View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

NTR Dist

Auction type

SARFAESI Auction

Borrower

Venkata S***** D*****

Auction start

11 Dec 2026

Auction end

11 Dec 2026, 01:00 PM

EMD submission deadline

10 Dec 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 471438

Price Check

This listing's reserve price works out to ₹40,00,000 per sq ft. The average across industrial bank auctions in Guntur on our site is ₹683 per sq ft, so this one is 585552% 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 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 471438), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹72,00,000 before 10 Dec 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 11 Dec 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.