40 sq yd Flat for Auction in Visakhapatnam – DCB

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

40 sq yd (≈ 360 sq ft)

Reserve price / sq ft

₹12,639

Locality

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City

Visakhapatnam

State

Andhra Pradesh

Address

All That Site Measuring An Exent Of 40 Sq. Yds Or 33.44 Sq.Mtrs Undivided And Unspecified Share Out Of 400 Sq. Yrds Together With Flat No. 101 In Ground Floor With A Plinth Area Of 1300 Sft. (Includiing Common Area And Balconies) And Vuda Aproved Layout In Lp.No.24/2006 Covered By Survey No 78/1 Part Of Kummaripalem Village In The Name Of Kalyans Raja Rajeswari Colony Yata Kumaripalem Of Bheemunipatnam Muncipality With In The Limits Of Visakhapatnam Dist Ap. East-40 Feet Road; uth- Plot No. 12; st-Dry Land Belongs To Abdul Jabbar & Orthers; tth-Plot No. 10; surements: ast Wing-45 Feet Or 13.71 Mtrs; uth-80 Feet Or 24.38 Mtrs; st-45 Feet Or 13.71 Mtrs; tth-80 Feet Or 24.38 Mtrs. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

Eluru Road

Auction type

SARFAESI Auction

Borrower

MR.MANNELA S***** R**

Auction start

29 Dec 2026

Auction end

29 Dec 2026, 01:00 PM

EMD submission deadline

28 Dec 2026, 05:00 PM

Inspection

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Authorised officer

—

Officer contact

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E-auction portal

AuctionTiger · Auction ID 472568

Price Check

This listing's reserve price works out to ₹12,639 per sq ft. The average across residential bank auctions in Visakhapatnam on our site is ₹4,880 per sq ft, so this one is 159% 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 (AuctionTiger · Auction ID 472568), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹4,55,000 before 28 Dec 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 29 Dec 2026 starting above the reserve price, in multiples of ₹15,000.
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.