85 sq yd House for Auction in Narasaraopet – Chola

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

85 sq yd (≈ 765 sq ft)

Reserve price / sq ft

₹4,183

Locality

—

City

Narasaraopet

State

Andhra Pradesh

Address

Descriptions of the property: Property belongs to Mr. MEESALA MURALI (Co-applicant): All that part and parcel of the property situated at Narasaraopet Registration District, Narasaraopet Sub-District, Narasaraopet Municipality, Nimmathota Area, Narasaraopet Municipal limits, Dr. Jaanvali Hospital Opposite, Municipal Old Ward No.2, New Ward No.3, Present Ward No. 16, Old Survey No.364/1, out of Ac.8-40 CTS, T.S.No. 1619, Block No.2/14, Old Assessment No. 13007. D.No.16-7-24/4, an extent of 85 Sq. Yds of Site is being bounded by: Boundaries: North: Site of Cherumulla Venkaiah 45 ft. East: Remaining Site of Vupputholla Rama Brahmam, 17 ft, South: Compound Wall of Property of Kotamurali, 45 ft. West: Municipal Road, 17 ft 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

Sai M*** K***** M*****

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 2468512

Price Check

This listing's reserve price works out to ₹4,183 per sq ft. The average across residential bank auctions in Narasaraopet on our site is ₹2,481 per sq ft, so this one is 69% 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 (4Closure · Listing 2468512), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,20,000 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.