292.6 sq yd Land & Building for Auction in Vijayawada – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

292.6 sq yd (≈ 2,633 sq ft)

Reserve price / sq ft

₹1,519

Locality

—

City

Vijayawada

State

Andhra Pradesh

Address

Descriptions of the property: Property belongs to Mrs. LAKSHMI PRIYA JAYAVARAPU (Applicant): Property-1:- 1st Item: (as per the Sale Deed Dt.21-12-2015, under document No.5949/2015):- An extent of Sq. Yds 292.6 ie., Sq.M. 244.65 on the North Side out of Sq. Yds 590.8 out of Ac. 4-30 out of Ac. 89-50 Cents under R S No.243 and there in RCC Building wide D.No.4-6-520/1, Jangareddygudem, is bounded by: East: 30' Width of Road, 20'6", North: Site of Palivela Nageswara Rao Guptha, Palivela Naga Lakshmi, 125, South: Site of Jayavarapu Lakshmi Priya, 127.4", West: Land of Gummadi Koteswara Roa, 21'3". 2nd Item: (as per the Sale Deed Dt.24-11-2015, under document No.5457/2015):- An extent of Sq. Yds 303.8 i.e., Sq.m. 254.01 on the North Side out of Sq. Yds 613.4 out of Ac. 4-30 out of Ac. 89-50 Cents under R.S.No.243 and there in RCC Building wide D.No.4-6-520/1, Jangareddygudem, is bounded by: East: 30' width of Road, 20'6", South: Site of Jayavarapu Kumar Kondraju, 132'3", West: Land of Gummadi Koteswara Rao, 21'3", North: Site of Manda Nagamani, 129'9". Note : Full Description will be available in the Sale Notice. 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

Lakshmi P**** J*****

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 2457699

Price Check

This listing's reserve price works out to ₹1,519 per sq ft. The average across residential bank auctions in Vijayawada on our site is ₹5,035 per sq ft, so this one is 70% 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 2457699), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹4,00,000 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 ₹50,000.
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.