Industrial Plot SARFAESI Auction Physical Possession

600 sq yard Industrial Plot for Auction in Vatluru, Eluru, Eluru – SBI

Vatluru, Eluru, Eluru, Andhra Pradesh · Auction ID #117327

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Industrial Plot for auction in Vatluru, Eluru, Eluru – SBI – photo 1
Industrial Plot for auction in Vatluru, Eluru, Eluru – SBI – photo 2
Industrial Plot for auction in Vatluru, Eluru, Eluru – SBI – photo 3
Industrial Plot for auction in Vatluru, Eluru, Eluru – SBI – photo 4
Industrial Plot for auction in Vatluru, Eluru, Eluru – SBI – photo 5
Industrial Plot for auction in Vatluru, Eluru, Eluru – SBI – photo 6
Industrial Plot for auction in Vatluru, Eluru, Eluru – SBI – photo 7
Industrial Plot for auction in Vatluru, Eluru, Eluru – SBI – photo 8
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Reserve Price ₹60,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 20 Nov 2026, 10:00 AM In 6 days
EMD Last Date 20 Nov 2026, 04:00 PM In 6 days
Area600 sq yard
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Property Details

Property type
Industrial Plot (Industrial)
Possession
Physical Possession
Area
600 sq yard (≈ 5,400 sq ft)
Reserve price / sq ft
₹1,111
Locality
Vatluru, Eluru
City
Eluru
Pincode
534001
Address
VATLURU, ELURU, Andhra Pradesh, 534001 View on map

Description (as per sale notice)

Industrial land and building in R.S. No. 184(P) in Plot No. 9, Near D.No.4-85, admeasuring 600 Sq. yards i.e.501-678 Sq.mts out of 1249.455 Sq yds belonging to Sri Yelipe Arjuna Rao, S/o. Seshayya

BAANKNET Property ID: SBINTIRUMALAELURU
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Bank & Auction Details

Bank / Lender
State Bank of India
Branch
SARB VISAKHAPATNAM-10077
Auction type
SARFAESI Auction
Borrower
M/s T***** I*****
Auction start
20 Nov 2026, 10:00 AM
Auction end
20 Nov 2026, 04:00 PM
EMD submission deadline
20 Nov 2026, 04:00 PM
Inspection
11 Nov 2026, 10:00 AM – 19 Nov 2026, 04:00 PM
Authorised officer
G NAGESWARA RAO
Officer contact
9704557261
E-auction portal
BAANKNET (Property ID SBINTIRUMALAELURU)
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Price Check

This listing's reserve price works out to ₹1,111 per sq ft. The average across industrial bank auctions in Eluru on our site is ₹495 per sq ft, so this one is 124% 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 11 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID SBINTIRUMALAELURU)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 20 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.
  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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with State Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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