186 sq yd House for Auction in Machilipatnam – Bajaj Finance

Property Details

Property type

House (Residential)

Possession

Not specified

Area

186 sq yd (≈ 1,674 sq ft)

Reserve price / sq ft

₹1,888

Locality

—

City

Machilipatnam

State

Andhra Pradesh

Pincode

521311

Address

All the piece and parcel of Door No. 1-179 Assessment No. 179 Indupalli Village Ungutooru Mandal Vijaywada Krishna District Andhra Pradesh 521311 along with proportionate share in common areas (Area adm. 186 Sq. Yds) (Property Description As per the Sale Deed Ref.No. 3015/1995: RCC roofed builda SRO Vunguturu Mandal Indupalli Village Panchayat area Indupalli Village RS No. 591/3 2nd Ward 2/91) Boundaries: As per legal documents: East Road: West Kogandu Shashi Rekamma Garu: North Musunooru Kannaiah Garu: South Panchayath Bazaar As per site visit: East Road: West Vacant Land: North- Residential: South-Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bajaj Finance

Branch

CORPORATE OFFICE PUNE

Auction type

SARFAESI Auction

Borrower

Sai G***** S*****

Auction start

30 Nov 2026, 02:00 PM

Auction end

30 Nov 2026, 04:00 PM

EMD submission deadline

28 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2458276

Price Check

This listing's reserve price works out to ₹1,888 per sq ft. The average across residential bank auctions in Machilipatnam on our site is ₹9,818 per sq ft, so this one is 81% 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 2458276), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,16,000 before 28 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 30 Nov 2026 starting above the reserve price, in multiples of ₹25,000.
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.