Flat SARFAESI Auction Symbolic Possession

460 sq ft Flat for Auction in Vijayawada – DCB

Vijayawada, Andhra Pradesh · Auction ID #120282

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Reserve Price ₹20,00,000
EMD (Earnest Money)₹2,00,000
Bid Increment₹10,000
Auction Date 29 Dec 2026 In 45 days
EMD Last Date 28 Dec 2026, 05:00 PM In 44 days
Area460 sq ft
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Property Details

Property type
Flat (Residential)
Possession
Symbolic Possession
Area
460 sq ft
Reserve price / sq ft
₹4,348
Locality
—
Address
All The Piece And Parcel Of Property Bearing East Side Flat No 1 In Ground Floor Of Nilima Towers With A Plinth Area Of 460 Sq Ft,50 Sq.Ft Common Area, 35.0 Sq. Ft For Parking Along With Undivided Share Of 33.33 Sq. Yds Or 27.86 Sq.Mts. Constructed In An Total Extent Of 266.67 Sq. Yds Or 222.96 Sq.Mts In Rs No 21/2 1,Plot No 33 Bearing Assessment No. 10227 Door No 19-526 Situated At Village Kanuru Penamaluru Mandal And With In The Limits S.R.O.P Patamata, Vijaywadadist: Krishna Bounded By: Towards East: 33.0ft Wide Panchayath Road; Towards South: Plot No 32 Nelluri Satyanarayana; Towards West: Steps And Ground Floor Flat No 2; Towards North: Parking Area. View on map

Description (as per sale notice)

All The Piece And Parcel Of Property Bearing East Side Flat No 1 In Ground Floor Of Nilima Towers With A Plinth Area Of 460 Sq Ft,50 Sq.Ft Common Area, 35.0 Sq. Ft For Parking Along With Undivided Share Of 33.33 Sq. Yds Or 27.86 Sq.Mts. Constructed In An Total Extent Of 266.67 Sq. Yds Or 222.96 Sq.Mts In Rs No 21/2 1,Plot No 33 Bearing Assessment No. 10227 Door No 19-526 Situated At Village Kanuru Penamaluru Mandal And With In The Limits S.R.O.P Patamata, Vijaywadadist: Krishna Bounded By: Towards East: 33.0ft Wide Panchayath Road; Towards South: Plot No 32 Nelluri Satyanarayana; Towards West: Steps And Ground Floor Flat No 2; Towards North: Parking Area.
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Bank & Auction Details

Bank / Lender
DCB Bank
Branch
Eluru Road
Auction type
SARFAESI Auction
Borrower
MR.KODALI K***** R**
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 472635
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Price Check

This listing's reserve price works out to ₹4,348 per sq ft. The average across residential bank auctions in Vijayawada on our site is ₹5,035 per sq ft, so this one is 14% 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 472635), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹2,00,000 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.

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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 DCB Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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