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Residential Plot SARFAESI Auction Symbolic Possession

2,420 sq yard Residential Plot for Auction in Koduru Bit I, Nellore, Nellore – PNB

Koduru Bit I, Nellore, Nellore, Andhra Pradesh · Auction ID #164

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Residential Plot photo 1 Residential Plot photo 2 Residential Plot photo 3
Reserve Price ₹70,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 15 Oct 2026, 11:00 AM In 15 days
EMD Last Date 15 Oct 2026, 03:00 PM In 15 days
Area2,420 sq yard

Property Details

Property type
Residential Plot (Residential)
Possession
Symbolic Possession
Area
2,420 sq yard (≈ 21,780 sq ft)
Reserve price / sq ft
₹321
Locality
Koduru Bit I, Nellore
Pincode
524002
Address
koduru bit I, Nellore, Andhra Pradesh, 524002 View on map

Description (as per sale notice)

Property in the name of Mr. K DoraikannanVide Doc No. 2598/2011 Dated 29-08-2011 All the part and piece of Residential vacant land Sri Potti Sriramulu Nellore District, Gudur Registration District Indukurupeta Sub Registration, T.P Gudur Mandal, Koduru Gram Panchayath, Koduru Bit-I Village, Patta No.92Survey No. 422 total extent of Ac. 13.80 out of it an extent of AC.2.00 cents out of it an extent of Ac.0.50 cents or 2420 Sq.yards of site, in it 6184 Sq.feet of Asbestos construction, an extent of 2163 Sq.feet of without roof house, an extent of 255 Sq.feet of RCC house in Ground Floor and an extent of 255 Sq.feet of RCC house forst floor therein with Assessment No.807 bounded by: East: Land of Vendee South: Land of Thupili Venkata Ramana Reddy North : Land of M Jams West: Land of Sriharikota Subramanyam Within these boundaries an extent of Ac.0.50 cents or 2420 Sq.yards of site, in it 6184 Sq.feet of Asbestos construction, an extent of 2163 Sq.feet of without roof house, an extent of 255 Sq.feet of RCC house in Ground Floor and an extent of 255 Sq.feet of RCC house first floor therein with Assessment No.807 Latitude and Longitude 14.426389,80.169972

BAANKNET Property ID: PUNBGC266361707

Bank & Auction Details

Branch
ARMB VIJAYWADA833200
Auction type
SARFAESI Auction
Borrower
SRINIVASULU H*****
Auction start
15 Oct 2026, 11:00 AM
Auction end
15 Oct 2026, 04:00 PM
EMD submission deadline
15 Oct 2026, 03:00 PM
Inspection
—
Authorised officer
VELAYUTHAM MUNISWAMY
Officer contact
9962572153

Price Check

This listing's reserve price works out to ₹321 per sq ft. The average across residential bank auctions in Nellore on our site is ₹3,818 per sq ft, so this one is 92% 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 (BAANKNET (Property ID PUNBGC266361707)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 15 Oct 2026, 03:00 PM. It is refunded if you don't win.
  5. Bid online on 15 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.

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 Punjab National Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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