138 sq yd Commercial Building for Auction in Visakhapatnam – Chola

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

138 sq yd (≈ 1,242 sq ft)

Reserve price / sq ft

₹3,865

Locality

—

City

Visakhapatnam

State

Andhra Pradesh

Address

All that the Newly Constructed R.C.C. House bearing Door No. 12-16-25,12-16-26, 12-16-27, of an extent is 138 Sq.yds or 115.385 Sqmts, Constructed R.C.C. Building with a plinth area of 960 Sft of Ground Floor & 960 Sft of First Floor & 960 Sft of Second Floor, Covered by Survey No.504, 559, 560 of Old Fort Ward, Anakapalli Town, within the limits of Greater Visakhapatnam Municipal Corporation Area Limits, Anakapalli Zone, Anakapalli Revenue Division, Anakapalli SRO, Anakapalli Registration District and Visakhapatnam District and bounded by: East: Rivaju Gantha Belongs to this property & Aggimarrichettu Seva Sadhan. West: Compound Wall belongs to Muncipal Gavarapalem High School. North: House Site belongs to Depositor i.e K.N VDA Prasada Rao & etc., South: 6 feet Wide Common Way. Measured by: East to West: 51.9 feets or 15.77mts, North to South: 24 feets or 7.31 mts. Finally total extent is 138 Sq yds or 115.385 Sq.mts, and Constructed before 12 Year with an 960 Sft of Ground floor and 960 Sft of First Floor and 960 Sft of Second Floor 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

07 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 463361

Price Check

This listing's reserve price works out to ₹3,865 per sq ft. The average across commercial bank auctions in Visakhapatnam on our site is ₹3,857 per sq ft, so this one is 0% 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 463361), 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 7 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.