214 sq yd Land & Building for Auction in Bhimavaram – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

214 sq yd (≈ 1,926 sq ft)

Reserve price / sq ft

₹2,908

Locality

—

City

Bhimavaram

State

Andhra Pradesh

Pincode

534002

Address

All that piece and parcel of land and building in an extent of 214 sq yds (178-931 sq.mts) of site on southern side of 377 sq. yds of site along with a G+2 Floors R.C.C. building therein D.No. 2-82/2, R.S.No.40(As per tax receipt Door No.6-54,6 Asst No.654) 6th Block, Kotthuru, Pedapadu, West Godavari District, Andhra Pradesh 534002 and Asst No.654 and R.S.No.40/6 along with all easement rights therein situated at Vatlur, West Godavari District, Vatlur Sub-Registry, West Godavari District being bounded by: East: Property of Karimi Nageswara Rao, South: 12 feet Wide Road, West: Property of Enekepalli Peddi Raju, North: Property of Enekepalli Peddi Raju 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

Mathapavani C*****

Auction start

06 Oct 2026, 11:00 AM

Auction end

06 Oct 2026, 01:00 PM

EMD submission deadline

05 Oct 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2375089

Price Check

This listing's reserve price works out to ₹2,908 per sq ft. The average across residential bank auctions in Bhimavaram on our site is ₹2,542 per sq ft, so this one is 14% above 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 2375089), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹5,60,000 before 05 Oct 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 6 Oct 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.