145.65 sq yard House for Auction in Vijayawada, Vijayawada – IOB

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

145.65 sq yard (≈ 1,310 sq ft)

Reserve price / sq ft

₹4,211

Locality

Vijayawada

City

Vijayawada

State

Andhra Pradesh

Pincode

521225

Address

Vijayawada, Andhra Pradesh, 521225 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Overseas Bank

Branch

RAMAVARAPADU-2942

Auction type

SARFAESI Auction

Borrower

M/s. S*** V***** L***** S***** W***** M*****

Auction start

26 Nov 2026, 11:00 AM

Auction end

26 Nov 2026, 02:00 PM

EMD submission deadline

26 Nov 2026, 11:00 AM

Inspection

10 Nov 2026, 10:00 AM – 25 Nov 2026, 04:00 PM

Authorised officer

RUPESH KUMAR SINGH

Officer contact

9010988588

E-auction portal

BAANKNET (Property ID IOBA2942SWM01)

Price Check

This listing's reserve price works out to ₹4,211 per sq ft. The average across residential bank auctions in Vijayawada on our site is ₹5,035 per sq ft, so this one is 16% 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.

Previous Auctions of This Property

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 10 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IOBA2942SWM01)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Nov 2026, 11:00 AM. It is refunded if you don't win.
5. Bid online on 26 Nov 2026 starting above the reserve price.
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.