121 sq yd Office for Auction in Rajamahendravaram – Chola

Property Details

Property type

Office (Commercial)

Possession

Symbolic Possession

Area

121 sq yd (≈ 1,089 sq ft)

Reserve price / sq ft

₹1,561

Locality

—

City

Rajamahendravaram

State

Andhra Pradesh

Address

Descriptions of the property: Property belongs to SUNDAR KUMAR KOLLI (Applicant): All that piece and parcel of site with D.No.3-159, R.C.C Building admeasuring 121 Sq. Yards out of which 2832 Sq. Yards R.S.No 238/1, situated at Katheru Village and Katheru Panchayat, Rajahmundry Rural Mandal, East Godavari District, Pidimgoyya sub Register Office Limits Bounded by: East: R.C.C. Building belongsto Kantha Rao 66-0 Ft., South: Site belongs to Mandapalli Prakash 16-6 Ft, West: R.C.C. Building belongsto Seemonu 66-0 F1, North: Rajaveedhi 16-6 Ft. With in the boundaries 121 Sq. Yds. or 101.16 Sq.Mtrs, with door, windows, electrical Connection with all easementary rights View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

NTR Dist

Auction type

SARFAESI Auction

Borrower

Sundar K**** K****

Auction start

23 Dec 2026

Auction end

23 Dec 2026, 01:00 PM

EMD submission deadline

22 Dec 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 472893

Price Check

This listing's reserve price works out to ₹1,561 per sq ft. The average across commercial bank auctions in Rajamahendravaram on our site is ₹2,118 per sq ft, so this one is 26% 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 472893), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,70,000 before 22 Dec 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 23 Dec 2026 starting above the reserve price, in multiples of ₹50,000.
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.