832.5 sq yd Flat for Auction in Vijayawada – KVB

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

832.5 sq yd (≈ 7,492 sq ft)

Reserve price / sq ft

₹527

Locality

—

City

Vijayawada

State

Andhra Pradesh

Pincode

195543

Address

Schedule- C: Residential Flat Situated at R.S.No. 160/1A1, H.No.30-20/1-2, Flat No. T-3/2, First Floor, Ishwarya Towers, Assessment No. 195543 and Present Assessment No. 1073095113, Revenue Ward No.5, Block No. 5, Municipal Ward No.23, Kotilingam Street, Opp Timber Merchants Association Function Hall, Near Indian Oil Petrol Bunk, Chuttugunta Circle, Sitarampuram, Vijayawada Municipal Corporation, NTR District with an undivided share of 41.625 Sq. Yds out of total Extent of 832.50 Sq. Yds with an Plinth area of 700 Sq.ft, 20 Sq.ft of Common Area and 70 Sq.ft of Two wheeler Parking area bounded byBoundaries of the FlatNo.T-3/2: North: Open to Sky, South: Open to Sky and Common Corridor, East: Open to Sky, West: Open to Sky. Boundaries of Apartment: North: Property of Kolluri Ranga Prasad, South: Property of Challakolusu Kondala Rao, East: Property of Potluri Sitarama Swamy & Others, West: Municipal Road Called as Kotilingam Street 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, 11:00 AM

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

4Closure · Listing 2465536

Price Check

This listing's reserve price works out to ₹527 per sq ft. The average across residential bank auctions in Vijayawada on our site is ₹5,035 per sq ft, so this one is 90% 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 (4Closure · Listing 2465536), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,95,000 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 ₹1,00,000.
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.