126.8 sq yd Land & Building for Auction in Vijayawada – KVB

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

126.8 sq yd (≈ 1,141 sq ft)

Reserve price / sq ft

₹17,087

Locality

—

City

Vijayawada

State

Andhra Pradesh

Address

Residential Land and Building situated at N.TS No.241, Revenue Ward No. 4. Old municipal Ward No.8, Sequence ward No.9. Present Ward No. 38, Block No.5, Old Assessment number 51878. New Assessment No 1073022558, H.No.9-65-128 with an extent of 126.80 Sq. Yds (125.10 Sq. Yds 1.7 Sq.Yds), with in the limits of Vijayawada municipality, Saikam Vari Street. Kothapet, One- Town, Vijayawada, Andhra Pradesh bounded by the following boundaries. Boundaries of 125.10 Sq. Yds: East: Some Extent of Mallampati Kondala Rao Property to Some Extent of Second Item, South: Property of Kaveti Samba Siva Rao, West: Municipal Road Called as Saikamvari Street, North Property of Hari Sai Babu. Boundaries of 1.7 Sq. Yds: East: Property of Mallampat Kondala Rao, South: Property of Kaveti Samba Siva Rao, West: 1st Item, North: Property of Kondala Rao View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Karur Vysya Bank

Branch

Vijayawada-I Town

Auction type

SARFAESI Auction

Borrower

M/s.Sree V***** D**** P*****

Auction start

05 Oct 2026, 11:00 AM

Auction end

05 Oct 2026, 12:00 PM

EMD submission deadline

03 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2388382

Price Check

This listing's reserve price works out to ₹17,087 per sq ft. The average across residential bank auctions in Vijayawada on our site is ₹4,552 per sq ft, so this one is 275% 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 (bankauctions.in (4Closure) · Listing 2388382), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹19,50,000 before 03 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 5 Oct 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.