16 sq yd Shop for Auction in Vijayawada – KVB

Property Details

Property type

Shop (Commercial)

Possession

Symbolic Possession

Area

16 sq yd (≈ 144 sq ft)

Reserve price / sq ft

₹11,458

Locality

—

City

Vijayawada

State

Andhra Pradesh

Address

A : Commercial Shop situated at R.S.No.53/P, 54/P, Sub Division No. 53/B1, H.No.76-1/1-F.F/68 (As per Tax Receipt), Block No.28, Revenue Ward No.28, Asst Number 1073161034, Shop No.68, First Floor in Phase-2 Covered by Plot NO.4 in L.P.No.20/2005, HRT SAI NIRMAN APARTMENTS, Opp Ananya Towers, A.P. Housing Board Colony, Bhavanipuram, Vijayawada with an un divided share of land 16 Sq. Yds in the total extent of 5987.78 Sq. Yds with an Plinth area of 308.17 & 207.57 Common Area along with Two Wheeler Parking bounded by : Boundaries of Shop No.68: North: Shop No.67, South Common Corridor, East: Common Corridor, West: Shop No.73. Boundaries of Total Extent: North: 40 Feet wide Road, South: 30 Feet Wider Road, East: 30Feet Wide Road, West: 60Feet Wide Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Karur Vysya Bank

Branch

One Town Branch

Auction type

SARFAESI Auction

Borrower

M/s. S***** P*****

Auction start

19 Dec 2026

Auction end

19 Dec 2026, 12:00 PM

EMD submission deadline

18 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 472520

Price Check

This listing's reserve price works out to ₹11,458 per sq ft. The average across commercial bank auctions in Vijayawada on our site is ₹5,082 per sq ft, so this one is 125% above 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 472520), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,65,000 before 18 Dec 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 19 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.