193.66 sq yd Land & Building for Auction in Visakhapatnam – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

193.66 sq yd (≈ 1,742 sq ft)

Reserve price / sq ft

₹2,008

Locality

—

City

Visakhapatnam

State

Andhra Pradesh

Address

Descriptions of the property: Property Belongs to Mrs. Kilaparti Mangatayaru (Co-applicant): All that piece and parcel of land and building in the Vacant site admeasuring an extent of 193.66 Sq. Yards (or) 161.92 Sq.Mrts, RCC House Extent of 993.6 Sq yards (or) 92.308 Sq.Mtrs, Wet land survey No.344-2 Door No.2-331, Assessment No.331. This Property wet side of NH-16 Road, at Regupalem Village, Purushothapuram Grama Panchayat, Yellamanchili Mandal, Yellamanchili Sub-registrar Anakapalli District, Andhra Pradesh. That the Property bounded by: East: NH-16 Road, West: Site of Reddi Rajubabu, North: Site of Kilaparti Srinivasarao, South: Site of Rajana Krishna Murthy Site Measurements: East wing-41.50 ft or 12.65 mts. West Wing-41.50 ft or 12.65 mts. North Wing-42 ft or 12.80 mts. South Wing-42 ft or 12.80 mts. 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

14 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 461495

Price Check

This listing's reserve price works out to ₹2,008 per sq ft. The average across residential bank auctions in Visakhapatnam on our site is ₹5,100 per sq ft, so this one is 61% 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 461495), 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 14 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.