Commercial Building SARFAESI Auction Physical Possession

305 sq yard Commercial Building for Auction in Eluru Road, Gunadala, Vijayawada, Vijayawada – SBI

Eluru Road, Gunadala, Vijayawada, Vijayawada, Andhra Pradesh · Auction ID #366

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Reserve Price ₹3,80,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 05 Oct 2026, 11:00 AM In 4 days
EMD Last Date 05 Oct 2026, 03:59 PM In 4 days
Area305 sq yard

Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Area
305 sq yard (≈ 2,745 sq ft)
Reserve price / sq ft
₹13,843
Locality
Eluru Road, Gunadala, Vijayawada
Pincode
520004
Address
ELURU ROAD, GUNADALA, VIJAYAWADA, Andhra Pradesh, 520004 View on map

Description (as per sale notice)

All the part and parcel of G.I Sheet Roofed shed in Municipal ward No:33/2, Revenue ward No:2(old) bearing Door No:48-12-22, R.S.Nos.294/4, Assessment No:38393 (old) , New Assessment No:1073144301, admeasuring 306.00 Sq.Yards or 255.85 Sq.Mts of Site, situated at Gunadala, within Vijayawada Municipal Corporation Limits, Vijayawada, Andhra Pradesh - 520004

BAANKNET Property ID: SBIN78507620963

Bank & Auction Details

Bank / Lender
State Bank of India
Branch
SARB VIJAYAWADA-64267
Auction type
SARFAESI Auction
Borrower
M/s Y***** I***** M***** S***** M***** D****
Auction start
05 Oct 2026, 11:00 AM
Auction end
05 Oct 2026, 04:00 PM
EMD submission deadline
05 Oct 2026, 03:59 PM
Inspection
10 Sep 2026, 10:00 AM – 04 Oct 2026, 04:00 PM
Authorised officer
L AMARNADH BABU
Officer contact
9885603986

Price Check

This listing's reserve price works out to ₹13,843 per sq ft. The average across commercial bank auctions in Vijayawada on our site is ₹5,182 per sq ft, so this one is 167% 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 10 Sep 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID SBIN78507620963)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 05 Oct 2026, 03:59 PM. It is refunded if you don't win.
  5. Bid online on 5 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 State Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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