600 sq ft Office for Auction in Nellore – DCB

Property Details

Property type

Office (Commercial)

Possession

Symbolic Possession

Area

600 sq ft

Reserve price / sq ft

₹3,500

Locality

—

City

Nellore

State

Andhra Pradesh

Address

All Piece And Parcel Of Property Built Vamsi Towers Apartment, In It Hsc No. 1575, Ground Floor, Flat Bearing No. G-1 Consisting Of Roc Construction Including Common Area Measuring 600 Sq. Ft Sy. Nos.59/5, 59/6 Consisting Of 150 Ankanams, In It An Extent Of 100 Ankanams Of Site situated At Sri Potti Sriramulu Nellore Registration District, Nellore Stonehousepet Po Sub-Registrar Office, Nellore Municipal Corporation, Vaviletipadu Bounded By. East: Staircase To Some Extent, Flat No. G-2; st: Vacant Site Of This Apartment; uth: Shop; rth: Common Corridor. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

Eluru Road

Auction type

SARFAESI Auction

Borrower

MR. D***** K*****

Auction start

29 Dec 2026

Auction end

29 Dec 2026, 01:00 PM

EMD submission deadline

28 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 472611

Price Check

This listing's reserve price works out to ₹3,500 per sq ft. The average across commercial bank auctions in Nellore on our site is ₹17,094 per sq ft, so this one is 80% 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 472611), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,10,000 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 ₹10,000.
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.