320 sq yd Land & Building for Auction in Kadapa – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

320 sq yd (≈ 2,880 sq ft)

Reserve price / sq ft

₹3,646

Locality

—

City

Kadapa

State

Andhra Pradesh

Address

All that piece and parcel of land and building in RCC house with site property having D.No.37/236-1-A Assessment No. 1121444813 situated at Kadapa district, Rayachoti sub district, Rayachoti municipality in the village fields of Rayachoti in s.No.562 pyki an extent of Ac. 1.49 cents pyki an extent of 320 Sq. Yards Bounded by: East: Vanka, West: Rastha, North: Site of Shaik Allabakash, South: 24 feet Wide of Rastha. Site measurements: East to West-60 ft or 18.288 Mtrs and North to South: 48 ft or 16.6304 Mtrs. Total Site extent is 320 Sq. Yards 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

Mohammad I**** S****

Auction start

23 Dec 2026, 11:00 AM

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

4Closure · Listing 2468348

Price Check

This listing's reserve price works out to ₹3,646 per sq ft. The average across residential bank auctions in Kadapa on our site is ₹7,443 per sq ft, so this one is 51% 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 2468348), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹10,50,000 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 ₹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.