200 sq yard Commercial Building for Auction in Pendurthi, Visakhapatnam – Canara

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

200 sq yard (≈ 1,800 sq ft)

Reserve price / sq ft

₹1,818

Locality

Pendurthi

City

Visakhapatnam

State

Andhra Pradesh

Pincode

531173

Address

PENDURTHI, Visakhapatnam, Andhra Pradesh, 531173 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

PENDURTHI-4474

Auction type

SARFAESI Auction

Borrower

DHANALAKSHMI E***** A** J***** B****

Auction start

28 Oct 2026, 02:09 PM

Auction end

28 Oct 2026, 03:00 PM

EMD submission deadline

28 Oct 2026, 01:00 PM

Inspection

23 Sep 2026, 10:08 AM – 28 Oct 2026, 10:00 AM

Authorised officer

DHANAJAYA ARAGALA

Officer contact

8331019134

E-auction portal

BAANKNET (Property ID CNRBDHANALAKSHMI)

Price Check

This listing's reserve price works out to ₹1,818 per sq ft. The average across commercial bank auctions in Visakhapatnam on our site is ₹3,857 per sq ft, so this one is 53% 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 23 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRBDHANALAKSHMI)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 28 Oct 2026, 01:00 PM. It is refunded if you don't win.
5. Bid online on 28 Oct 2026 starting above the reserve price.
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.