Office SARFAESI Auction Symbolic Possession

234 sq yd Office for Auction in Rajamahendravaram – Chola

Rajamahendravaram, Andhra Pradesh · Auction ID #113843

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Reserve Price ₹85,00,000 12.4% lower than previous auction (₹97 L)
EMD (Earnest Money)₹8,50,000
Bid Increment₹1,00,000
Auction Date 24 Nov 2026 In 9 days
EMD Last Date 23 Nov 2026, 05:30 PM In 8 days
Area234 sq yd
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Property Details

Property type
Office (Commercial)
Possession
Symbolic Possession
Area
234 sq yd (≈ 2,106 sq ft)
Reserve price / sq ft
₹4,036
Locality
—
Address
Descriptions of the property: Property belongs to Mrs. DASARI GANGARATANAM (Co-applicant): East Godavari District, Rajanagaram Mandal, Rajanagaram Sub-Registrars Office Limits, Diwancheruvu Gram Panchayat Board, Palacharla Revenue Village, Zeroit Meraka, RS No.646/3, in it centre an extent of 234 Sq. Yards or 195-64 Sq.meters Vacant Site boundaries, (Near Door No.1-409) measurement: East: 46-0 Ft. Raja Veedhi, South: 50-0 Ft. Site belongs to Panchikatla Satyanarayana, West: 35-0 Ft. Site belongs to Executants, North: 54-0 Ft. NH 5 Road. Within the above boundaries, consisting Site an extent of 234 Sq. Yards vacant site and therein General Ways, Passage Ways, and with all usual easement rights. View on map

Description (as per sale notice)

Descriptions of the property: Property belongs to Mrs. DASARI GANGARATANAM (Co-applicant): East Godavari District, Rajanagaram Mandal, Rajanagaram Sub-Registrars Office Limits, Diwancheruvu Gram Panchayat Board, Palacharla Revenue Village, Zeroit Meraka, RS No.646/3, in it centre an extent of 234 Sq. Yards or 195-64 Sq.meters Vacant Site boundaries, (Near Door No.1-409) measurement: East: 46-0 Ft. Raja Veedhi, South: 50-0 Ft. Site belongs to Panchikatla Satyanarayana, West: 35-0 Ft. Site belongs to Executants, North: 54-0 Ft. NH 5 Road. Within the above boundaries, consisting Site an extent of 234 Sq. Yards vacant site and therein General Ways, Passage Ways, and with all usual easement rights.
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Bank & Auction Details

Branch
NTR Dist
Auction type
SARFAESI Auction
Borrower
Pavan C***** D****
Auction start
24 Nov 2026
Auction end
24 Nov 2026, 01:00 PM
EMD submission deadline
23 Nov 2026, 05:30 PM
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
AuctionTiger · Auction ID 471446
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Price Check

This listing's reserve price works out to ₹4,036 per sq ft. The average across commercial bank auctions in Rajamahendravaram on our site is ₹2,118 per sq ft, so this one is 91% 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.

Previous Auctions of This Property

Auction dateReserve price
24 Nov 2026₹85,00,000This auction
07 Oct 2026₹97,00,000View

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 471446), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹8,50,000 before 23 Nov 2026, 05:30 PM. It is refunded if you don't win.
  5. Bid online on 24 Nov 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Cholamandalam Investment and Finance Company. Always verify every detail with the official notice and the authorised officer before paying any money.

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