Residential Plot SARFAESI Auction Physical Possession

459.8 sq yard Residential Plot for Auction in Open Residential Plot Consists Of 459.80 Sq Yds Situated Nearby Padmalaya Theatre, Bhimavaram, Bhimavaram – SBI

Open Residential Plot Consists Of 459.80 Sq Yds Situated Nearby Padmalaya Theatre, Bhimavaram, Bhimavaram, Andhra Pradesh · Auction ID #117366

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Residential Plot for auction in Open Residential Plot Consists Of 459.80 Sq Yds Situated Nearby Padmalaya Theatre, Bhimavaram, Bhimavaram – SBI – photo 1
Residential Plot for auction in Open Residential Plot Consists Of 459.80 Sq Yds Situated Nearby Padmalaya Theatre, Bhimavaram, Bhimavaram – SBI – photo 2
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Reserve Price ₹1,39,00,000 9.7% lower than previous auction (₹1.54 Cr)
EMD (Earnest Money)—
Bid Increment—
Auction Date 27 Nov 2026, 11:00 AM In 12 days
EMD Last Date 27 Nov 2026, 04:00 PM In 12 days
Area459.8 sq yard
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Property Details

Property type
Residential Plot (Residential)
Possession
Physical Possession
Area
459.8 sq yard (≈ 4,138 sq ft)
Reserve price / sq ft
₹3,359
Locality
Open Residential Plot Consists Of 459.80 Sq Yds Situated Nearby Padmalaya Theatre, Bhimavaram
Pincode
534202
Address
OPEN RESIDENTIAL PLOT CONSISTS OF 459.80 SQ YDS SITUATED NEARBY PADMALAYA THEATRE, BHIMAVARAM, Andhra Pradesh, 534202 View on map

Description (as per sale notice)

All that residential site with a shed measuring an extent of 459.80 Sq.Yds, Covered by R.S.No.90/2 bearing D.No.26-10-1 located at near Ramalayam, Bhimavaram SRO Limits, Bhimavaram Municipality, West Godavari-District Belonging to Sri Vatsavai Srinivasa Raju S/o V. Subba Raju (Registered Document No.3580/2014 Dt. 03.09.2014 MOD Doc No.1731/2022 Dt. 28.02.2022)

BAANKNET Property ID: SBINSRINIVASA460
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Bank & Auction Details

Bank / Lender
State Bank of India
Branch
SARB VISAKHAPATNAM-10077
Auction type
SARFAESI Auction
Borrower
M/s S***** T*****
Auction start
27 Nov 2026, 11:00 AM
Auction end
27 Nov 2026, 04:00 PM
EMD submission deadline
27 Nov 2026, 04:00 PM
Inspection
12 Nov 2026, 10:00 AM – 26 Nov 2026, 04:00 PM
Authorised officer
Y KIRAN CHAND
Officer contact
9160949910
E-auction portal
BAANKNET (Property ID SBINSRINIVASA460)
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Price Check

This listing's reserve price works out to ₹3,359 per sq ft. The average across residential bank auctions in Bhimavaram on our site is ₹2,670 per sq ft, so this one is 26% 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.

Previous Auctions of This Property

Auction dateReserve price
27 Nov 2026₹1,39,00,000This auction
29 Sep 2026₹1,54,00,000View

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 12 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID SBINSRINIVASA460)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 27 Nov 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 27 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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