723 sq yd Commercial Building for Auction in Vijayawada – Chola

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

723 sq yd (≈ 6,507 sq ft)

Reserve price / sq ft

₹2,459

Locality

—

City

Vijayawada

State

Andhra Pradesh

Address

Descriptions of the property: All that part and parcel of property situ-ated at Prakasam District, Singarayakonda Sub-District, Singarayakonda Revenue Mandal, Mulaguntapadu Grama Panchayath, Village D.No.115, Patta No.73/2, out of Ac.0-94 cts, an extent of 723 sq.yds of site with R.C.C. building bearing Door No.4-9/3 with all fixtures and fit-tings thereof bounded by: East: Trunk Road, 36-4 ft, South: Site of Ponugoti Chinakondaiah, Kotamma, 179-6 ft. West: Cheruvu Poramboke, 36-4 ft. North: Site of Annam Punnamma, W/o. Narasimham, 179-6 ft. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

14 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 461620

Price Check

This listing's reserve price works out to ₹2,459 per sq ft. The average across commercial bank auctions in Vijayawada on our site is ₹5,182 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (AuctionTiger · Auction ID 461620), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 14 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.