67 cent Land & Building for Auction in Bhimavaram – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

67 cent (≈ 29,185 sq ft)

Reserve price / sq ft

₹137

Locality

—

City

Bhimavaram

State

Andhra Pradesh

Address

All that piece and parcel of land and building in "A" Schedule: An extent of undivided Sq.y 43.0 i.e., Sq.M. 35.952 of site out of Sq.y. 458.23 i.e., Ac 5-67 cents nearest D. No.7-7-41/4 in R.S.No.324/1 within the follow-ing boundaries: East Site of Bhupathiraju satyanarayana varma, 80'8". South site of others, 51'6". West-Site of Bhupathipathiraju Ravi varma and others, 79'6", North40width of road, 51'6". "B" Schedule: A double bedroom flat no.202 in the 1st floor having a plinth area of Sq.F. 992 of site and common area of Sq.F.248 of site including common areas which forms part of an apartment by name "SATYA-NARAYANA RAJU ENCLAVE" and which consists still Ground+First+Second and third floors approved by Eluru urban development Authority Planning B.P.No.1074/0244/B/BMC/GNPD/2019 D1. 31-01-2020 within the following boundaries: East: Corridor, South: Common corridor, West: Open sky, North: Open sky of Bhimavaram, Bhimavaram Municipal Area, Gunupudi Sub Registration Office Bhimavaram Mandal, West Godavari District. 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

Sridevi P***

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 2378441

Price Check

This listing's reserve price works out to ₹137 per sq ft. The average across residential bank auctions in Bhimavaram on our site is ₹2,542 per sq ft, so this one is 95% 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 2378441), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹4,00,000 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.