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

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

60 sq yd (≈ 540 sq ft)

Reserve price / sq ft

₹6,722

Locality

—

City

Vijayawada

State

Andhra Pradesh

Address

Descriptions of the property: Property belongs to Mr. ALAMANDA NAGABABU (Applicant): All that piece and parcel of land and building in an extent of 11-60 Sq. yds of Site consisting of three items out of 70 Sq.yds out of entire 110 Sq.yds of Site in Plot No.2 in Dr.No.7A-11-7. Old Mun. Ward No.11/C, present Division No.6, T.S.No.440 of Sri Ramulu Street, Eluru Municipal Corporation, Eluru Sub Registrar, West Godavari Dist, being bounded by: First item: 8-50 Sq.yds: East: 2nd item joint passage, South: Mun. Road, West: Property of others, North: Property of vender purchased from Sambhana Venkata Naga Murali Mohan. Second item: 1/6th undivided share in 12 Sq.yds of Joint Passage: East: property of Repaka Durga Prasad. Jana Ram Prasad and Property of vender purchased from Giduturi Veera Venkata Ramana, South: Mun. Road, West: Property of vendor purchased from Sambhana Venkata Naga Murali Mohan, North: 3rd item Common Place. Third item: 1/6th undivided share in 6-60 Sq.yds of Common Place: East: Joint alley, South: Property of vendee purchased from Giduturi Veera Venkata Ramana, West: Property of others, North: Property sold by Digumarthi Siva Sankar and others to others. Full Detial Availale In 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

Nagababu A*****

Auction start

27 Nov 2026, 11:00 AM

Auction end

27 Nov 2026, 01:00 PM

EMD submission deadline

26 Nov 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2460972

Price Check

This listing's reserve price works out to ₹6,722 per sq ft. The average across residential bank auctions in Vijayawada on our site is ₹5,035 per sq ft, so this one is 34% 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 2460972), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,63,000 before 26 Nov 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 27 Nov 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.