68 sq yd Land & Building for Auction in Rajamahendravaram – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

68 sq yd (≈ 612 sq ft)

Reserve price / sq ft

₹6,209

Locality

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City

Rajamahendravaram

State

Andhra Pradesh

Address

Descriptions of the property: Property belongs to Mr. SRINIVAS PENUGONDA (Applicant) & Mrs. PENUGONDA LEELAKUMARI (Co-applicant): Property 1: Property covered Doc. No.7553/2020 SRO Rajahmundry Penugonda Srinivas: All that piece and parcel of land and building in East Godavari District, Rajamahendravaram District, Registry, Rajamahendravaram Municipal Corporation Area, Rajamahendravaram. TS.No.53, Survey ward 4, Block No.3 Revenue Ward No. 8. D.No. 13-2-13 Site of 68 Sq yards or 36.60 Sq.meters along with G+1 RCC Daba House after demolishing the Madras Terrace House Daba House is bounded by: East: Site of Veera Sri Venkata Govind 12.0 ft, South: Site of Veera Sri Venkata Govind 51.0 ft. West: Road, 12.0 ft. North: Part house of Velugubanti Sesharatnam 51.0 ft; Within the above boundaries Site consisting of 68 Sq.yds along with G+1, Daba House bearing D.No. 13-12-13 with Doors, Doorways, Windows, Cupboards, Electric Service Connections etc, along with all usual easement rights Property 2: Property Covered Doc No.2769/2012 SRO Rajahmundry Penugonda Leela Kumari Note : Full Description will be available in the Sale Notice. 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

Srinivas P*****

Auction start

26 Nov 2026

Auction end

26 Nov 2026, 01:00 PM

EMD submission deadline

25 Nov 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 471385

Price Check

This listing's reserve price works out to ₹6,209 per sq ft. The average across residential bank auctions in Rajamahendravaram on our site is ₹2,513 per sq ft, so this one is 147% 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 471385), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,80,000 before 25 Nov 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 26 Nov 2026 starting above the reserve price, in multiples of ₹50,000.
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.