280 sq yd House for Auction in Kakinada – Equitas SFB

Property Details

Property type

House (Residential)

Possession

Not specified

Area

280 sq yd (≈ 2,520 sq ft)

Reserve price / sq ft

₹2,533

Locality

—

City

Kakinada

State

Andhra Pradesh

Address

Residential House Bearing Door No. 1-4- 103/3, Assessment No.1063004908 Admeasuring 280 Square Yards Or 234 Square Meters In R.S.No. 158/3, Situated At Lst Ward, Chittivani Dibba Area, Pitapuram Village, Pitapuram Revenue Mandal, Sro Of Pithapuram, Registration District Of Kakinada, Situated At Within The Sub- Registration District Of Pithapuram And Registration District Of Kakinada. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Equitas Small Finance Bank

Branch

Equitas Small Finance Bank Ltd. Anna Salai, Chennai - BO

Auction type

SARFAESI Auction

Borrower

Chennari N*****

Auction start

20 Nov 2026, 11:00 AM

Auction end

20 Nov 2026, 12:30 PM

EMD submission deadline

19 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹2,533 per sq ft. The average across residential bank auctions in Kakinada on our site is ₹1,992 per sq ft, so this one is 27% 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 (open notice).
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 (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹6,38,300 before 19 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 20 Nov 2026 starting above the reserve price, in multiples of ₹10,000.
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.