242 sq yd House for Auction in Mancherial – Chola

Property Details

Property type

House (Residential)

Possession

Not specified

Area

242 sq yd (≈ 2,178 sq ft)

Reserve price / sq ft

₹1,377

Locality

—

City

Mancherial

State

Telangana

Address

All that house bearing H.No.1-195, (Assessment No. 530) having AC Sheets Plinth Area 450 Sft. Total Land admeasuring 242 Sq. Yards equivalent to 202.33 Sq. Meters. Situated at Awadam Shivar, within the limits of Awadam Grama Panchayath Revenue Mandal: Nennel, Dist: Mancherial. Under the Jurisdiction of Sub- Registration District Mancherial and Registration District Adilabad: East: G.P. Road West: Land of Thokala Rajeshwari North: Land of Thokala Sudhakar Bheemaiah South: House of Thokala Mallaiah Together with the buildings and structures constructed/to be constructed there on and all the fixed and fittings an-nexed thereto View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

Rasoolpura, Secundrabad

Auction type

SARFAESI Auction

Borrower

THOKALA M*****

Auction start

23 Oct 2026, 11:00 AM

Auction end

23 Oct 2026, 01:00 PM

EMD submission deadline

22 Oct 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2404145

Price Check

This listing's reserve price works out to ₹1,377 per sq ft. The average across residential bank auctions in Mancherial on our site is ₹6,292 per sq ft, so this one is 78% 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 2404145), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,00,000 before 22 Oct 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 23 Oct 2026 starting above the reserve price, in multiples of ₹50,000.
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.