220 sq yd Land & Building for Auction in Guntur – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

220 sq yd (≈ 1,980 sq ft)

Reserve price / sq ft

₹4,293

Locality

—

City

Guntur

State

Andhra Pradesh

Address

Descriptions of the property: Property belongs to Mr. YARAVEDA KANTHA REDDY (Applicant): All that part and parcel of property situated at Guntur District, Narasaraopeta R D. Piduguralla Sub-District, Piduguralla Mandal, Piduguralla Municipality, Beside Door No. 16-606, Survey D.No.295/A, Extent 220 Sq. Yds Vacant RCC building Site bounded by: Boundaries: North : 124 links Annapareddy Venkata Krishna Reddy House, East: 39 links Bazar, South: 124 links Kata Satyavathi Site, West: 34 links Yaravada Lakshma Reddy Site. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

NTR Dist

Auction type

SARFAESI Auction

Borrower

Kantha R**** Y*****

Auction start

07 Oct 2026, 11:00 AM

Auction end

07 Oct 2026, 01:00 PM

EMD submission deadline

06 Oct 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2401312

Price Check

This listing's reserve price works out to ₹4,293 per sq ft. The average across residential bank auctions in Guntur on our site is ₹8,306 per sq ft, so this one is 48% 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 (bankauctions.in (4Closure) · Listing 2401312), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹8,50,000 before 06 Oct 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 7 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.