156.22 sq yd Commercial Building for Auction in Visakhapatnam – DCB

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

156.22 sq yd (≈ 1,406 sq ft)

Reserve price / sq ft

₹2,430

Locality

—

City

Visakhapatnam

State

Andhra Pradesh

Address

All Piece And Parcel Of Property Admeasuring An Extent Of 156.222 Sq. Yds (131.226 Sq.Mts.) Of Survey No. 110/1, Kasimkota Village, South Side Of N. H.-5 Road, West Side Of Rasta In Govindarapeta, Assessment No.3475, Door No.24-49/1, R.C.C. Slab Building Of Kasimkota Village, Kasimkota Mandal, Anakapalle Sub Registration District, Visakhapatnam District Being Bounded By. East: Panchayat Road; West: Thatched House Of Bandam Chinna; North: Thatched House Of Golagana Chellayya; South: Panchayat Road. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

06 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 461329

Price Check

This listing's reserve price works out to ₹2,430 per sq ft. The average across commercial bank auctions in Visakhapatnam on our site is ₹3,857 per sq ft, so this one is 37% 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 461329), 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 6 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.