0.02 cent Residential Plot for Auction in Visakhapatnam – Chola

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

0.02 cent (≈ 8 sq ft)

Reserve price / sq ft

₹5,68,312

Locality

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City

Visakhapatnam

State

Andhra Pradesh

Address

Descriptions of the property: Item 1:- All that Piece or Parcel of Site an Extent of 0.02 Cents or 96.8 Sq. Yards or 81.312 Sq.Mtrs With 871.2 Sft. Bearing D.No.10-3 and Assessment No. 1353, Covered by Sy.No.268/2A, of 8th Ward, Nakkapalliv Village & Panchayat, Nakkapalli Mandai, Anakapalli District (Formerly Visakhapatnam District) Bounded by: East: RCC Roof of Sri Buddhireddy Veeranaidu. South: Road, West: Road Towards Rajiv Colony. North: Land belongs to Adduri Nagabhushnam. (Symbolic Possession). Item 2:- All that Piece or Parcel of Site an Extent of 0.01 1/2 Cents or 72.6 Sq. Yards or 60.984 Sq.Mtrs with 653.4 Sft. Bearing D.No.10-3 & Assessment No. 1353 covered by Sy.No.268/2A, of 8th Ward, Nakkapalli Village and Panchayat, Nakkapalli Mandal, Anakapalli District (Formerly Visakhapatnam District) Bounded by: East: Site of Yeripalli Masinu etc., South: Site of Gangisetti Nookaraju etc., West: Gorja, North: Govt. Site. 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

25 Nov 2026

Auction end

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EMD submission deadline

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Inspection

—

Authorised officer

—

Officer contact

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E-auction portal

AuctionTiger · Auction ID 471423

Price Check

This listing's reserve price works out to ₹5,68,312 per sq ft. The average across residential bank auctions in Visakhapatnam on our site is ₹4,880 per sq ft, so this one is 11546% 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 471423), 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 25 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.