97.88 sq yd Commercial Building for Auction in Vijayawada – Chola

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

97.88 sq yd (≈ 880 sq ft)

Reserve price / sq ft

₹2,441

Locality

—

City

Vijayawada

State

Andhra Pradesh

Address

Descriptions of the property: Property belongs to Mrs. NOORJAHAN PATAN (Applicant): All that parts and parcel of the property situated at Prakasam District Markapuram R.D. Cumbum Sub District Cumbum Mandal, Darga Gramapanchayat, Chinna Cumbum Majara Darga Village, Survey D.No.241/1, Door Number: 8-23, extent 97.88 sq.yds, 476 sq.ft RCC building bounded by: Boundaries: North: Pathan Ayub Khan, Pathan Asiba Khanam House Site, East: Road, South: Syed Mohiddin House Site, West: Pedda Kalva. 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 463724

Price Check

This listing's reserve price works out to ₹2,441 per sq ft. The average across commercial bank auctions in Vijayawada on our site is ₹5,182 per sq ft, so this one is 53% 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 463724), 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.