148 sq yd Commercial Building for Auction in Vijayawada – Chola

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

148 sq yd (≈ 1,332 sq ft)

Reserve price / sq ft

₹5,255

Locality

—

City

Vijayawada

State

Andhra Pradesh

Address

Descriptions of the property: All that peace and parcel of the property situated in Krishna District, Vijayawada Registration District, Gunadala Sub Registration, Ramavarappadu Village, Mallemudi Vari Street, Door No.4-9A, Old Door No 4-8A, Assessment No.438 & Old Assessment No.364, Under R.S. No. 127/2, total extent of Land and its construction of RCC Building with 148 Sq. Yds or 123.747 Sq.Mirs is Bounded by: East: 15 Ft Wide Panchayat Road, South: Property of Mamidi Sarveswara Lingam, West: Property of Chalvadi Narasimha Rao, North: Property of Chagantipati Koteswara Rao 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

24 Nov 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 471554

Price Check

This listing's reserve price works out to ₹5,255 per sq ft. The average across commercial bank auctions in Vijayawada on our site is ₹5,082 per sq ft, so this one is 3% 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 471554), 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 24 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.