392 sq yd Land & Building for Auction in Vijayawada – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

392 sq yd (≈ 3,528 sq ft)

Reserve price / sq ft

₹1,927

Locality

—

City

Vijayawada

State

Andhra Pradesh

Address

Descriptions of the property: Property belongs to Mr. Dana Ranga Rao Vatturi (Co-applicant): All that piece and parcel of land and building in West Godavari District, Chagallu Mandal, Kovvuru Sub-Registry, Chagallu Gram Panchayathi, Chagallu Village, 11th Ward, Z-Meraka, R.S.No. 669/3 in it Site consisting of 392 Sq yds in it Eastern Side Site consisting of 256 Sq yds along with Daba House bearing D.No.7-112, adjacent to it Mangalore Tiled Shed, in it Eastern Side Daba share house and Eastern Side Manglore Tiled Shed bounded by: East: House, Site belongs to Bajoju Venkateswara Rao 83.9 ft, South: Site belongs to Lakkoju Premachari 27.5 ft, West: Joint wall in between this property the share of house belongs to Vatturi Ramarao to some extent and site some extent 83.9 ft, North: Road 27.6 ft. Within the above boundaries site consisting of 256 Sq.yds or 215.004 Sq.mts along with share in Daba House and tiled shed with doors, doorways, windows, cup boards, current service connection No. 1856 with all usual and easement rights 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 461494

Price Check

This listing's reserve price works out to ₹1,927 per sq ft. The average across residential bank auctions in Vijayawada on our site is ₹4,517 per sq ft, so this one is 57% 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 461494), 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.