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Residential Plot SARFAESI Auction

132.61 sq yd Residential Plot for Auction in Rajamahendravaram – IndusInd

Rajamahendravaram, Andhra Pradesh · Auction ID #2899

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Reserve Price ₹1,58,50,423
EMD (Earnest Money)₹15,85,043
Bid Increment₹50,000
Auction Date 27 Oct 2026, 10:00 AM In 27 days
EMD Last Date 26 Oct 2026, 04:00 PM In 26 days
Area132.61 sq yd

Property Details

Property type
Residential Plot (Residential)
Possession
Not specified
Area
132.61 sq yd (≈ 1,193 sq ft)
Reserve price / sq ft
₹13,281
Locality
—

Description (as per sale notice)

Property No.1: (Location: latitude & longitude: 16.998958, 81.780765) Registered Gift Deed Document No.5412 of 2004 dated: 09-08-2004 infavour of Darapureddy Srinivas & Darapureddy Kalyani. RCC roofed building D. Nos. 45-18-6 and 45-18-6/1, old D. No.45-29-20/1 consists of 132.61 sq. yards of site bearing Plot No.589 in T.S. No.1939/1B of Brodipeta Layout Scheme, Rajamahendravaram, 26th ward, Rajamahendravaram Municipal Corporation, Rajamahendravaram District Registry, East Godavari District, bounded by: East : Plot No.590 building site 44.10 South : Plot No.595 Kalyana Mandapam Site 26.6 West : Site of Kalyana Mandapam 45.3 North : Road 26.6 Within the above boundaries 132.61 sq yards or 110.87 sq meters of site in that RCC roofed building with doors, windows, 1 HP Motor, electricity service connections 066446, 071504, 035044, 028766, with all its easementary prescriptive rights.

Bank & Auction Details

Bank / Lender
IndusInd Bank
Branch
IndusInd Bank Limited, Begumpet, Hyderabad - BO
Auction type
SARFAESI Auction
Borrower
M/s. S***** I*****
Auction start
27 Oct 2026, 10:00 AM
Auction end
27 Oct 2026, 11:00 AM
EMD submission deadline
26 Oct 2026, 04:00 PM
Inspection
14 Oct 2026, 11:00 AM – 14 Oct 2026, 01:00 PM
Authorised officer
—
Officer contact
—
View official sale notice

Price Check

This listing's reserve price works out to ₹13,281 per sq ft. The average across residential bank auctions in Rajamahendravaram on our site is ₹2,370 per sq ft, so this one is 460% 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 (open notice).
  2. Inspect the property on 14 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India (bankeauctions.com)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹15,85,043 before 26 Oct 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 27 Oct 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.

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

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