331 sq yd Factory for Auction in Vijayawada – Chola

Property Details

Property type

Factory (Industrial)

Possession

Not specified

Area

331 sq yd (≈ 2,979 sq ft)

Reserve price / sq ft

₹4,028

Locality

—

City

Vijayawada

State

Andhra Pradesh

Address

Property-2:- An extent of 331 Sq yds (276 Sq.mts) of Site along with a R.C.C. building with a plinth of area of 1573 Sq.ft., and A.C.C. Shed therein Dr.No.3-2-69, Asst. No. 1142013056, R.S.No.270/2 of Jangareddygudem, Village do Panchayat, Jangareddygudem Mandal, Jangareddygudem Sub Registrar, West Godavari District, being bounded by: East: Panchayat Road, South: Panchayat Road, West: Property of Doddipatla Kusuma Kumari, North: Property of Bulbula Satyanarayana 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

11 Dec 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 471562

Price Check

This listing's reserve price works out to ₹4,028 per sq ft. The average across industrial bank auctions in Vijayawada on our site is ₹1,034 per sq ft, so this one is 290% 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 471562), 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 11 Dec 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.