66 sq yd Land & Building for Auction in Anantapur – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

66 sq yd (≈ 594 sq ft)

Reserve price / sq ft

₹9,428

Locality

—

City

Anantapur

State

Andhra Pradesh

Pincode

515591

Address

Descriptions of the property: Property belongs to Mr. VENKATESWARA REDDY YERAGUNDLA (Applicant): All that piece and parcel of land and building of House bearing Sy.No. 493-2 and 495-1 Plot No.65.66 Door No. 14/460-3Y, Hindupur Road, Weavers Colony. Sai Nagar, Near Agriculture Office, Kadiri Village Fields, Kadiri Municipality Limits, Ananthapur District-515591. Land extent of 122 66 Sq yds situated at Sy No. 493-2 and 495-1 Plot No.65, 66 Door No 14/460-3Y, Hindupur Weavers Colony, Sai Nagar, Near Agriculture Office, Kadiri Village Fields, Kadiri Municipality Limits, Ananthapur District-515591 Andhra Pradesh have acquired the same through Registered Gift Settlement Deed Doc No. 1666/2021 dated 11.02.2021 registered at Kadiri Sub-Registration Office. East: Site in Plot No.5.63 & 64, West: 14 ft. Wide Road, North: Govt. Rastha, South: Site in Plot No.67. Site measurements: East to west: 46 ft (14.028 meters). North to South: 24 ft (7.318 meters). Land extent of 122.66 Sq. Yds. 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

Venkateswara R**** Y*****

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 2457658

Price Check

This listing's reserve price works out to ₹9,428 per sq ft. The average across residential bank auctions in Anantapur on our site is ₹3,533 per sq ft, so this one is 167% 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 2457658), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹5,60,000 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.