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

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

145.06 sq yd (≈ 1,305 sq ft)

Reserve price / sq ft

₹2,083

Locality

—

City

Visakhapatnam

State

Andhra Pradesh

Address

Descriptions of the property: Property Belongs to Benarji Kumar Terapalli (Applicant): All that piece and parcel of land and building in site measuring 145.06 Sq. Yards or 121.85 Sq. Mts in RCC House 710 Sft, bearing Door No 26-5-122, Covered by Survey No. 17-1 of Koppaka Village, within the limits of Greater Visakhapatnam Municipal Corporation, Lankelapalem Sub-Registrars Office, Anakapalli District and there about bounded as follows: East: Cement Road, West: House of Mulakalapalli Yerukulamma, North: House of Karaka Prem Kumar, South: House of Chintala Lakshmi. Measurements: East wing33.6 ft or 10.2 mts, South wing-38.8 ft or 11.8 mts, West wing-33.8 ft or 10.3 mts. North wing-38.8 ft or 11.8 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

27 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 463636

Price Check

This listing's reserve price works out to ₹2,083 per sq ft. The average across residential bank auctions in Visakhapatnam on our site is ₹5,100 per sq ft, so this one is 59% 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 463636), 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 27 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.