55 sq ft Residential Plot for Auction in Nellore – DCB

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

55 sq ft

Reserve price / sq ft

₹79,036

Locality

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City

Nellore

State

Andhra Pradesh

Address

All Piece And Parcel Of Property Patta No.2333 - S.No.320/2 In Ac 3-00 Cents In Ac0-16 3/4 Cents In Present Prasanthi Nagar Ward No.28, Door No.990 Near 16 Ankanams 55 Sq Feets Or 134.11 Sq Yards Of Vacant Site Situated At Spsr Nellore Registration District-Stone House Peta Sub Registration Within The Limits Of Nellore Municipal Corporation-Nellore Bit-2 And House Bounded By. East Road; South: Site Of Others; West: Plot Of Nanala Seenaiah; North: Site Of Sankranthi Venkateswarlu. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

Vijayawada Branch

Auction type

SARFAESI Auction

Borrower

MR M***** S***** K****

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

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Authorised officer

—

Officer contact

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E-auction portal

bankauctions.in (4Closure) · Listing 2386910

Price Check

This listing's reserve price works out to ₹79,036 per sq ft. The average across residential bank auctions in Nellore on our site is ₹3,826 per sq ft, so this one is 1966% 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 2386910), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹4,35,000 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.