208 sq yd Residential Plot for Auction in Kakinada – IndusInd

Property Details

Property type

Residential Plot (Residential)

Possession

Not specified

Area

208 sq yd (≈ 1,872 sq ft)

Reserve price / sq ft

₹4,144

Locality

—

City

Kakinada

State

Andhra Pradesh

Address

Lot No 2 - Site Measuring 208 sq yards bearing Plot No.17 in LP No.31/2003/R in the lay out Krishna Madhavi Nagar made of land an extent of Ac 2.00 cents on the East in full extent Ac 20.34 cents in R.S No.872/2, near Door No. 4-1-97, Ward No. Peddapuram village, Peddapuram Municipality, Peddapuram Mandal, Peddapurm Sub Registry, East Godavari dist., bounded by: East : Plot No.18 site of Kunche Sri Lakhsmi - 52.0" South : Land of Sriram Venkata Chandra Mohan -36.0" West : Site in Plot No.16 of Palagundla Venkata Narasimha Rao - 52.0" North : 40 feet wide layout road-36.0" *Together with the buildings and structures constructed/to be constructed thereon and all the fixed and fittings annexure thereto. Property No.3 Registered Sale Deed Document No.3187 of 2015 dated: 31-08-2015 infavour of Chitikela Narayanamurthy. Site Measuring 202 sq yards bearing Plot No.18 in LP No.31/2003/R in the lay out Krishna Madhavi Nagar made of land an extent of Ac 2.00 cents on the East in full extent Ac 20.34 cents in R.S No.872/2, near Door No. 4-1-97, Ward No.1, Peddapuram village, Peddapuram Municipality, Peddapuram Mandal, Peddapurm Sub Registry, East Godavari dist., bounded by: East : Plot No.19 site of Middi Krishna Mohan and Raja Mohan - 49.0" South : Land of Sriram Venkata Chandra Mohan -36.0" West : Site in Plot No.17 of Chitikela Narayana Murthy-52.0" North : 40 feet wide layout road-36.0" *Together with the buildings and structures constructed/to be constructed thereon and all the fix View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

IndusInd Bank

Branch

IndusInd Bank Limited, Begumpet, Hyderabad - BO

Auction type

SARFAESI Auction

Borrower

M/s. G M S S***** S*****

Auction start

20 Nov 2026, 11:00 AM

Auction end

20 Nov 2026, 12:00 PM

EMD submission deadline

19 Nov 2026, 04:00 PM

Inspection

18 Nov 2026, 11:00 AM – 18 Nov 2026, 01:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹4,144 per sq ft. The average across residential bank auctions in Kakinada on our site is ₹1,992 per sq ft, so this one is 108% 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 18 Nov 2026 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 ₹7,75,800 before 19 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 20 Nov 2026 starting above the reserve price, in multiples of ₹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.