156 sq yd Residential Plot for Auction in Visakhapatnam – DCB

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

156 sq yd (≈ 1,404 sq ft)

Reserve price / sq ft

₹2,434

Locality

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City

Visakhapatnam

State

Andhra Pradesh

Address

All Piece And Parcel Of Property Admeasuring An Extent Of 156.222 Sq. Yds (131.226 Sq.Mts.) Of Survey No. 110/1, Kasimkota Village, South Side Of N. H.-5 Road, West Side Of Rasta In Govindarapeta, Assessment No.3475, Door No.24-49/1, R.C.C. Slab Building Of Kasimkota Village, Kasimkota Mandal, Anakapalle Sub Registration District, Visakhapatnam District Being Bounded By. East: Panchayat Road; West: Thatched House Of Bandam Chinna; North: Thatched House Of Golagana Chellayya; South: Panchayat Road. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

Vijayawada Branch

Auction type

SARFAESI Auction

Borrower

Mr K***** J***** V*****

Auction start

06 Oct 2026, 11:30 AM

Auction end

06 Oct 2026, 01:00 PM

EMD submission deadline

05 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2386968

Price Check

This listing's reserve price works out to ₹2,434 per sq ft. The average across residential bank auctions in Visakhapatnam on our site is ₹5,100 per sq ft, so this one is 52% 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 2386968), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,42,000 before 05 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 6 Oct 2026 starting above the reserve price, in multiples of ₹15,000.
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.