726.35 sq yd Land & Building for Auction in Rajamahendravaram – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

726.35 sq yd (≈ 6,537 sq ft)

Reserve price / sq ft

₹734

Locality

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City

Rajamahendravaram

State

Andhra Pradesh

Address

All that piece and parcel of land and building in East Godavari District, Rajahmundry District Registry, Rajamahendravaram Municipal Corporation Area, in Rajamahendravaram, in Prakash Nagar, land in R.S.Nos.258/1, and 258/2 and 260 was divided and laid out as plots by the Prakasam Nagar Co-Operative House Construction Society Limited, Ra-jamahendravaram, out of the plots, Plot No.C-71, init Southern Side Site and part of Site in Plot No. C-72 totaling to 726.35 Sq. Yards bounded by: East: Property Wall in Plot No.C-43, 55.6 Ft., South: Property in Plot No.C-73, adja-cent to the Wall of this Property, 120.0 Ft., West: Road, 52.4 Ft., North: Property in Plot No.C-71 adjacent to the wall of this Property Wall, 122.6 Ft.. Within the above boundaries Site consisting of 726.35 Sq. Yards or 607.30 Sq. Meters init undivided and unspecified, joint right of site consisting of 50 Sq. yards or 41.80 Sq.meters along with all usual and easermentary rights 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

Raziya S***

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

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E-auction portal

bankauctions.in (4Closure) · Listing 2375088

Price Check

This listing's reserve price works out to ₹734 per sq ft. The average across residential bank auctions in Rajamahendravaram on our site is ₹2,384 per sq ft, so this one is 69% 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 2375088), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹4,80,000 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 ₹50,000.
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.