3 cent Land & Building for Auction in Vijayawada – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

3 cent (≈ 1,306 sq ft)

Reserve price / sq ft

₹2,678

Locality

—

City

Vijayawada

State

Andhra Pradesh

Address

All that piece and parcel of land and building in an Extent of Ac.0-03 Cents 230 Sq. Links or 156-33 Sq. Yds of Site along with a ground and First Floor R.C.C. Building therein bearing Dr.No.6-57., 6-57/1 Asst. No.1057, 4303, R.S.No.436 of Penuganchiprolu Village do panchayat. Penuganchiporlu Mandal Jaggaiahpet, NTR district earlier Krishna Dist., being bounded by: East: Property of Karumanchi Mohan Rao, West: C.C. Road, North: Property of Devarasetty Sai Babu, South: Property of Karumanchi Rajamma. 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 449113

Price Check

This listing's reserve price works out to ₹2,678 per sq ft. The average across residential bank auctions in Vijayawada on our site is ₹4,517 per sq ft, so this one is 41% 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 449113), 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.