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

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

242.6 sq yd (≈ 2,183 sq ft)

Reserve price / sq ft

₹2,226

Locality

—

City

Vijayawada

State

Andhra Pradesh

Address

Property 1: All that piece and parcel of land and building in an extent of 242.6 Sq.yds of site covered under four items with RCC roofed building consisting Ground Floor and First Floor bearing D.No.2-1081 in RS No.1121, situated at Cheyyeru Gunnepalli Village and Gram Panchayat, Mummidivaram SRO, Mummidivaram Mandal, at present Dr.B.R. Ambedkar Konaseema District, Erstwhile East Godavari District bounded by: Item No:1 An extent of 134.75 Sq.yds of Site situated towards Northern Side of Plot No.19 in RS No.1121 out of Ac 1.86 Cents of land divided into house sites by obtaining approved TLP No.282016DTCPOKKD dt.18-03-2016 approved by Director of Town and Country Planning Kakinada Vide CNo.3662015DTCPO situated at Cheyyeru Gunnepalli Village and Grama Panchayat, Mummidivaram SRO, Mummidivaram Mandal, East Godavari District bounded by: East - 37.4 ft: Site in Item No.2, Note : Full Description will be available in the Sale Notice. 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

09 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 449105

Price Check

This listing's reserve price works out to ₹2,226 per sq ft. The average across residential bank auctions in Vijayawada on our site is ₹4,517 per sq ft, so this one is 51% 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 449105), 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 9 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.