670 sq yd Flat for Auction in Guntur – DCB

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

670 sq yd (≈ 6,030 sq ft)

Reserve price / sq ft

₹494

Locality

—

City

Guntur

State

Andhra Pradesh

Address

All That Piece And Parcel Of Measuring 38 Sq. Yards In Total Extent Of 670 Sq. Yds Or 560.20 Sq. Mts Of Site And One Semi Finished In The Third Floor Flat No. 403 Of Rainbow Ridge Constructed On Land Bearing D.No. 238/B1, 238/C1, 239/A1, 240/C On It Plot No. 6 7 Of Pedapalakaluru Village An Extent Of 670 Sq. Yds Or 560.20 Sq.Mts Situated At Village Pedapalakaluru, Guntur Municipal Corporation Limits, Guntur District. Which Is Bounded As Under: East: Open To Sky And Lift; South: Open To Sky; West: Open To Sky; North: Common Corridor And Stair Case. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

Vijayawada Branch

Auction type

SARFAESI Auction

Borrower

MR S***** B*****

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 2386890

Price Check

This listing's reserve price works out to ₹494 per sq ft. The average across residential bank auctions in Guntur on our site is ₹8,306 per sq ft, so this one is 94% 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 2386890), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,98,000 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.