House SARFAESI Auction Symbolic Possession

138 sq yd House for Auction in Anakapalli – Chola

Anakapalli, Andhra Pradesh · Auction ID #120547

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Reserve Price ₹42,00,000 12.5% lower than previous auction (₹48 L)
EMD (Earnest Money)₹4,20,000
Bid Increment₹50,000
Auction Date 08 Dec 2026, 11:00 AM In 23 days
EMD Last Date 07 Dec 2026, 05:30 PM In 22 days
Area138 sq yd
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Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
138 sq yd (≈ 1,242 sq ft)
Reserve price / sq ft
₹3,382
Locality
—
Address
Descriptions of the property: All that the Newly Constructed R.C.C. House bearing Door No. 12-16-25,12-16-26, 12-16-27, of an extent is 138 Sq.yds or 115.385 Sqmts, Constructed R.C.C. Building with a plinth area of 960 Sft of Ground Floor & 960 Sft of First Floor & 960 Sft of Second Floor, Covered by Survey No.504, 559, 560 of Old Fort Ward, Anakapalli Town, within the limits of Greater Visakhapatnam Municipal Corporation Area Limits, Anakapalli Zone, Anakapalli Revenue Division, Anakapalli SRO, Anakapalli Registration District and Visakhapatnam District and bounded by: East: Rivaju Gantha Belongs to this property & Aggimarrichettu Seva Sadhan. West: Compound Wall belongs to Muncipal Gavarapalem High School. North: House Site belongs to Depositor ie K.N VDA Prasada Rao & etc., South: 6 feet Wide Common Way. Measured by: East to West: 51.9 feets or 15.77mts, North to South: 24 feets or 7.31 mts. Finally total extent is 138 Sq yds or 115.385 Sq.mts, and Constructed before 12 Year with an 960 Sft of Ground floor and 960 Sft of First Floor and 960 Sft of Second Floor. View on map

Description (as per sale notice)

House an extent is 138 Sq.yds. Descriptions of the property: All that the Newly Constructed R.C.C. House bearing Door No. 12-16-25,12-16-26, 12-16-27, of an extent is 138 Sq.yds or 115.385 Sqmts, Constructed R.C.C. Building with a plinth area of 960 Sft of Ground Floor & 960 Sft of First Floor & 960 Sft of Second Floor, Covered by Survey No.504, 559, 560 of Old Fort Ward, Anakapalli Town, within the limits of Greater Visakhapatnam Municipal Corporation Area Limits, Anakapalli Zone, Anakapalli Revenue Division, Anakapalli SRO, Anakapalli Registration District and Visakhapatnam District and bounded by: East: Rivaju Gantha Belongs to this property & Aggimarrichettu Seva Sadhan. West: Compound Wall belongs to Muncipal Gavarapalem High School. North: House Site belongs to Depositor ie K.N VDA Prasada Rao & etc., South: 6 feet Wide Common Way. Measured by: East to West: 51.9 feets or 15.77mts, North to South: 24 feets or 7.31 mts. Finally total extent is 138 Sq yds or 115.385 Sq.mts, and Constructed before 12 Year with an 960 Sft of Ground floor and 960 Sft of First Floor and 960 Sft of Second Floor.
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Bank & Auction Details

Branch
NTR Dist
Auction type
SARFAESI Auction
Borrower
NVDA P***** R** K*****
Auction start
08 Dec 2026, 11:00 AM
Auction end
08 Dec 2026, 01:00 PM
EMD submission deadline
07 Dec 2026, 05:30 PM
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
4Closure · Listing 2468441
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Price Check

This listing's reserve price works out to ₹3,382 per sq ft. The average across residential bank auctions in Anakapalli on our site is ₹2,167 per sq ft, so this one is 56% 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.

Previous Auctions of This Property

Auction dateReserve price
08 Dec 2026₹42,00,000This auction
07 Oct 2026₹48,00,000View

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 2468441), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹4,20,000 before 07 Dec 2026, 05:30 PM. It is refunded if you don't win.
  5. Bid online on 8 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Cholamandalam Investment and Finance Company. Always verify every detail with the official notice and the authorised officer before paying any money.

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