5 cent Land & Building for Auction in Ongole – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

5 cent (≈ 2,178 sq ft)

Reserve price / sq ft

₹3,444

Locality

—

City

Ongole

State

Andhra Pradesh

Address

Descriptions of the property: Property belongs to Mr. DARAM VENKATA NARASAIAH:- All that piece and parcel of the Land and Building being an Prakasam District Markapuram R.D., Darisi Sub-District Darisi Mandal, Darisi Village Panchayati Area Darisi Viliage Patta No.592. Survey No.319-2, an extent of Ac.0-05 cents present Darisi Village Pancayati Ward No. 14-95. R.C.C. House & Site is being bounded by: East: House Daram Ramulamma, South: Bazar, West: House Daram Malakondaiah, North: House Daram Malakondaiah, within these boundaries an extent of AC.0-04.66 Cents or 226 Sq. Yards Site in it ground Floor East and West with an extent of 34 feet North and South with an extent of 25 feet or 850 Sq. feet R.C.C Slab House First Floor East and West with an extent of 19 feet, North and South with an extent of 12 feet or 228 Sq. feet A.C.C sheet house with all fixtures and fittings therein including all easement right therein 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

Venkata N***** D****

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 2457695

Price Check

This listing's reserve price works out to ₹3,444 per sq ft. The average across residential bank auctions in Ongole on our site is ₹5,025 per sq ft, so this one is 31% 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 2457695), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹7,50,000 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.