1,760 sq ft Land & Building for Auction in Anantapur – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

1,760 sq ft

Reserve price / sq ft

₹5,398

Locality

—

City

Anantapur

State

Andhra Pradesh

Address

Descriptions of the property: Property belongs to Mrs. MUTHALAYA JYOTHI (Co-Applicant): All that Piece and Parcel of Land and Building in Residential House Bearing D.No. 15-57, constructed in Sy. No. 150 B, to the extent of Item No.1: 63.77 Sq. Yds and Item No.II: 42.66 Sq. Yds. with built up area admeasuring 1760 Sq.ft., situated in Gandhi Chowk, Guntakal Village Polam within the limits of Guntakal Municipality Area, Sub Registration Guntakal, Anantapur District within the following boudaries:- Item No.1:- East: House of Devara Setty Venkata Subbamma, West: House of Devara Setty Venkata Subbiah, North: House of Kasi Viswanath (Now Item No.2 opinion schedule prop-erty), South: Road, In between measuring: East-West: 14 feet or 4.27 meters, North-South: 41 feet of 12.505 meters, Total Extent: 63.77 Sq. Yards. Item No.II:- East: House of Devara Setty Venkata Subbamma, West: House of Devara Setty Venkata Subbiah, North: Road, South: House of Loan Applicant (Item No.1, Opinion schedule property) In between measuring: East-West: 16 feet or 4.88 meters, North-South: 24 feet of 7.32 meters. Measuring of House Ground Floor and First Floor: East-West 16 feet or 4.88 meters, North-South: 24 feet of 7.32 meters. Total Extent: 42.66 Sq. Yards. 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

Muthyala K*** V*****

Auction start

11 Dec 2026, 11:00 AM

Auction end

11 Dec 2026, 01:00 PM

EMD submission deadline

10 Dec 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2457646

Price Check

This listing's reserve price works out to ₹5,398 per sq ft. The average across residential bank auctions in Anantapur on our site is ₹3,533 per sq ft, so this one is 53% 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 (4Closure · Listing 2457646), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹9,50,000 before 10 Dec 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 11 Dec 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.