5,987.78 sq yd Commercial Building for Auction in Vijayawada – KVB

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

5,987.78 sq yd (≈ 53,890 sq ft)

Reserve price / sq ft

₹31

Locality

—

City

Vijayawada

State

Andhra Pradesh

Address

Schedule- D:Commercial Shop situated at R.S.No.53/P, 54/P, Sub Division No. 53/B1, H.No. 76-1/1-F.F/73 (As per Tax Receipt), Shop No. 73 in Phase-2 Covered by Plot No.4 in L.P.No.20/2005, First Floor, Phase No.2, Near HIG No.317, "HRT SAI NIRMAN APARTMENTS", Opp Ananya Towers, A.P.Housing Board Colony, Bhavanipuram, Vijayawada Municipal Corporation, NTR District 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.73: North: Shop No.74, South: Common Corridor, West: Common Corridor, East: 30'Feet Wide Road. Boundaries of Total Extent: North: 40' Feet wide Road, South : 30'Feet Wider Road, East: Shop No.68, West: 60'Feet 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, 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 2465537

Price Check

This listing's reserve price works out to ₹31 per sq ft. The average across commercial bank auctions in Vijayawada on our site is ₹5,082 per sq ft, so this one is 99% 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 2465537), 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.