1,147 sq ft Office for Auction in Visakhapatnam – DCB

Property Details

Property type

Office (Commercial)

Possession

Not specified

Area

1,147 sq ft

Reserve price / sq ft

₹3,618

Locality

—

City

Visakhapatnam

State

Andhra Pradesh

Address

All Piece And Parcel Of R.C.C House With Plinth Area Of 1147 Sft Bearing Door No 2-43 Assessment No. 190 Plot No. 18 Constructed In An Extent Of 222 Sq. Yards Or 185.592 Sq.Mtr Covered By Survey No.214 Of Pedagummuluru Village S.Rayavaram Mandal Nakkapalli Sub Registrar Office Visakhapatnam District And Bounded By. East-Site Of Plot No.19 Isampalli Veera Venkata Ramanamma; South-Site Of Karri Sathibabu; West-Road; North-Site Of Tenukula Nageswararao. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

29 Dec 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 472567

Price Check

This listing's reserve price works out to ₹3,618 per sq ft. The average across commercial bank auctions in Visakhapatnam on our site is ₹3,826 per sq ft, so this one is 5% below 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 472567), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 29 Dec 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.