289 sq yard Commercial Building for Auction in Vijayawada, Vijayawada – SBI

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

289 sq yard (≈ 2,601 sq ft)

Reserve price / sq ft

₹5,652

Locality

Vijayawada

City

Vijayawada

State

Andhra Pradesh

Pincode

520001

Address

VIJAYAWADA, Andhra Pradesh, 520001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB VIJAYAWADA-64267

Auction type

SARFAESI Auction

Borrower

AK A*** F****

Auction start

15 Oct 2026, 11:00 AM

Auction end

15 Oct 2026, 04:00 PM

EMD submission deadline

15 Oct 2026, 03:59 PM

Inspection

28 Sep 2026, 10:00 AM – 14 Oct 2026, 04:00 PM

Authorised officer

Y MUKTESHWARA RAO

Officer contact

8886640777

E-auction portal

BAANKNET (Property ID SBIN77705940851)

Price Check

This listing's reserve price works out to ₹5,652 per sq ft. The average across commercial bank auctions in Vijayawada on our site is ₹5,182 per sq ft, so this one is 9% 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 28 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN77705940851)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 15 Oct 2026, 03:59 PM. It is refunded if you don't win.
5. Bid online on 15 Oct 2026 starting above the reserve price.
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.