275 sq yd Land & Building for Auction in Nellore – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

275 sq yd (≈ 2,475 sq ft)

Reserve price / sq ft

₹4,323

Locality

—

City

Nellore

State

Andhra Pradesh

Address

Descriptions of the property: All that piece and parcel of land and building in S.P.S.R Nellore District, Gudur registration district, Sullurpet, Sub-Registar, Tada Revenue Mandal. Tada gram Panchayat. Tada village, as per 1 B. Patta No.59. Sy No.31-11A consisting an extent of Ac.2.77 cents of land was converted into Agricultural land to Non agricultural land by Sub-Collector, Gudur vide D.Dis. No.2408/2008, dated 04.12.2008, admeasuring an extent of 275 Sq yards of vacant site, current service no.3631435001164, 3631435001165, 3631435001232, 3631435001233 of Ground Floor, First Floor R.C.C. building bound-ed by: East: 25 ft width Road, South- Vacant site of Halsani Naveen, West: Vacant site of M.Sudhakar Reddy, North: Vacant site of Plot No 35. Measurements: Eastern side North south-49 1/2 ft or 15,088 mts, Southern side-East west-50 ft or 15.240 mts, Western side-North south -49 1/2 ft or 15.088 mts, Northern side East West-50 ft or 15.240 mts. Within these boundaries an extent of 2475 sq.ft or 275 Sq yards or 229.900 Sq.mts or 34 Ankanams 27 Sq.ft of vacant site, in it 900 Sq.ft of R.C.C. roofed House in Ground and First Floor, totaling 1800 Sq.ft of R.C.C. construction etc, and with all easement rights 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

Mallang A***** A****

Auction start

14 Oct 2026, 11:00 AM

Auction end

14 Oct 2026, 01:00 PM

EMD submission deadline

13 Oct 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2388869

Price Check

This listing's reserve price works out to ₹4,323 per sq ft. The average across residential bank auctions in Nellore on our site is ₹3,826 per sq ft, so this one is 13% 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 2388869), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹10,70,000 before 13 Oct 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 14 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.