154 sq yd Land & Building for Auction in Vijayawada – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

154 sq yd (≈ 1,386 sq ft)

Reserve price / sq ft

₹2,085

Locality

—

City

Vijayawada

State

Andhra Pradesh

Address

All that piece and parcel of land and building in West Godavari district, Eluru register office, within the limits of Nidadavole Mandal, Nidadavole Sub-Registrar, Peravalli Mandal, Kanuru Gram Panchayat Area, Kanuru Village Taluku, having door No.3-34/1, Zeroit Meraka, RS No.219/8, an extent of 154 sq.yards or 128.76 sq. meters site with R.C.C. Building situated within the following boundaries, Measurements and particulars: Boundaries: East: Panchayat Road, South: Site of Anaparthi Hanumantha Rao, S/o. Venkatrao, West: House belongs to Yediapalli Bulli Raju, North: Joint lane. Within the above bound-aries an extent of 154 sq.yards 128.76 sq.meters site with R.C.C. building and with all easement rights. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

NTR Dist

Auction type

SARFAESI Auction

Borrower

Veeravenkata S***** K*****

Auction start

09 Oct 2026, 11:00 AM

Auction end

09 Oct 2026, 01:00 PM

EMD submission deadline

08 Oct 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2378444

Price Check

This listing's reserve price works out to ₹2,085 per sq ft. The average across residential bank auctions in Vijayawada on our site is ₹4,517 per sq ft, so this one is 54% 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 (bankauctions.in (4Closure) · Listing 2378444), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,89,000 before 08 Oct 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 9 Oct 2026 starting above the reserve price, in multiples of ₹50,000.
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.