309 sq yd House for Auction in Visakhapatnam – DCB

Property Details

Property type

House (Residential)

Possession

Not specified

Area

309 sq yd (≈ 2,781 sq ft)

Reserve price / sq ft

₹1,197

Locality

—

City

Visakhapatnam

State

Andhra Pradesh

Address

All That Site Measuring Extent Of 309 Sq. Yds Or 248.745 Sq Mts. Covered By S. No., 366/1, Together With 1326 Sq Ft. R.C.C. And 176 Sq Ft. R.C.C. Both Rooms House Bearing Ward No. 8, Block No. 8, Bangla Street, Near Dadi Vaari Veedhi Door No. 8-10-121, Assessment No. 1697, Of Kaspajagannadhapuram Village Of Madugula Mandal, VisakhaPatnam dist.Sub Registrar Madugulat Visakhapatnam Dist. And Total Property Bounded By North: Vacant Site Of Akkiboina Appa Rao; South: House Of Devarabatla Prabakara Rao; East: Vacant Site Of Ayyala Swami Yajulu And China Sanyasi Rao; West: R. & B. 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 461307

Price Check

This listing's reserve price works out to ₹1,197 per sq ft. The average across residential bank auctions in Visakhapatnam on our site is ₹5,100 per sq ft, so this one is 77% 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 461307), 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.