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Land & Building SARFAESI Auction Symbolic Possession

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

Guntur, Andhra Pradesh · Auction ID #77297

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Reserve Price ₹56,00,000
EMD (Earnest Money)₹5,60,000
Bid Increment₹1,00,000
Auction Date 06 Oct 2026, 11:00 AM In 4 days
EMD Last Date 05 Oct 2026, 05:30 PM In 3 days
Area150 sq yd

Property Details

Property type
Land & Building (Residential)
Possession
Symbolic Possession
Area
150 sq yd (≈ 1,350 sq ft)
Reserve price / sq ft
₹4,148
Locality
—
City
Guntur
Address
Descriptions of the property: Property belongs to Shaik Khaja Mohiddin (Applicant), Shaik Nagur Shareef (Co-applicant) Shaik Fathimoon (Co-applicant): All that piece and parcel of land and building an extent of 150 Sq.yds (125-41 Sq.mts) of Site along with a Ground First Floors R.C.C. building in D.No. 160/A1,160/B of Ankireddy Palem Village, Guntur Municipal corpora tion, Guntur Sub Registrar, Guntur Dist., being bounded by D. No.25-27-32. East: Property of Others, South: Property of Chetteti Latha, West: 30 feet Wide Road, North: 30 feet Wide Road, View on map

Description (as per sale notice)

land and building an extent of 150 Sq.yds. Descriptions of the property: Property belongs to Shaik Khaja Mohiddin (Applicant), Shaik Nagur Shareef (Co-applicant) Shaik Fathimoon (Co-applicant): All that piece and parcel of land and building an extent of 150 Sq.yds (125-41 Sq.mts) of Site along with a Ground First Floors R.C.C. building in D.No. 160/A1,160/B of Ankireddy Palem Village, Guntur Municipal corpora tion, Guntur Sub Registrar, Guntur Dist., being bounded by D. No.25-27-32. East: Property of Others, South: Property of Chetteti Latha, West: 30 feet Wide Road, North: 30 feet Wide Road,

Bank & Auction Details

Branch
NTR Dist
Auction type
SARFAESI Auction
Borrower
Shaik K**** M*****
Auction start
06 Oct 2026, 11:00 AM
Auction end
06 Oct 2026, 01:00 PM
EMD submission deadline
05 Oct 2026, 05:30 PM
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹4,148 per sq ft. The average across residential bank auctions in Guntur on our site is ₹8,306 per sq ft, so this one is 50% 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 2375126), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹5,60,000 before 05 Oct 2026, 05:30 PM. It is refunded if you don't win.
  5. Bid online on 6 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.

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 Cholamandalam Investment and Finance Company. Always verify every detail with the official notice and the authorised officer before paying any money.

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