37 cent Land & Building for Auction in Bhimavaram – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

37 cent (≈ 16,117 sq ft)

Reserve price / sq ft

₹372

Locality

—

City

Bhimavaram

State

Andhra Pradesh

Address

Descriptions of the property: Property belongs to Mr.Srinu Ravuri (Applicant): Property 1: (Regd. Settlement Deed Dt.21-03-2022 under Doc. No.971/2022): All that piece and parcel of land and building in an extent of Ac.0-37 Cents Le.. Sq.yds. 1815 of Site and RCC building therein bearing D.No.4-59 which com-prises Ac.0-12 Cents in R.S.No. 175-2 and Ac.0-25 Cents in R.S.No. 173/12 is bounded by: East: Land of Chamakuri Rattayya, South: Land of Gelli Satyam, West: Land of Gelli Musalayya, North: Road, of Thurputallu Village, Thurputallu Grama Panchayat Area, Narasapuram Mandal, Mogalthuru S.R.O. West Godavari District. 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

Srinu R*****

Auction start

24 Nov 2026, 11:00 AM

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

4Closure · Listing 2457604

Price Check

This listing's reserve price works out to ₹372 per sq ft. The average across residential bank auctions in Bhimavaram on our site is ₹2,670 per sq ft, so this one is 86% below 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 (4Closure · Listing 2457604), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹6,00,000 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.