609.4 sq yd Commercial Building for Auction in Rajamahendravaram – DCB

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

609.4 sq yd (≈ 5,484 sq ft)

Reserve price / sq ft

₹346

Locality

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City

Rajamahendravaram

State

Andhra Pradesh

Address

An Extent of 609.4 Sq. Yards of site along with Terraced house bearing D.No.3-95 Consisting two items in ward No.3 in R.S No in 260-1 situated at Draksharama SRO, Ramachandrapuram Mandal East Godavari District Bounded by: Item No. 1:-An extent of 472.6 Sq. Yards of vacant site bounded by: East: House Site Belongs to Garaga Ramanjaneya Murthy:56 Ft; West: Building belongs to Zilla Parasihad High School:67.9 Ft; North: Site belongs to Kadiyala Ramakrishna and others:61 Ft; South: Site belongs to Nunna Ramachandra Rao:71 Ft. Item No.2:- An extent of 136.8 Sq. Yards of site along with house bounded by:-East:Share in the tiled house site belongs to Garaga Saraswathi Rao, Subbarayudu: 56Ft; West: House site belongs to Garaga Ramanjaneya Murthy: 54.9 Ft: North: House belongs to Samaoyamanthula Veerraju:22.3 Ft; South: House belongs to Adabala Vaghulu:22.3 Ft. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

Eluru Road

Auction type

SARFAESI Auction

Borrower

MR. G***** K*****

Auction start

09 Dec 2026

Auction end

09 Dec 2026, 01:00 PM

EMD submission deadline

08 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 472629

Price Check

This listing's reserve price works out to ₹346 per sq ft. The average across commercial bank auctions in Rajamahendravaram on our site is ₹2,118 per sq ft, so this one is 84% 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 472629), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,90,000 before 08 Dec 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 9 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.