360 sq yd House for Auction in Vijayawada – ORIX Leasing And Financial Services India Limited

Property Details

Property type

House (Residential)

Possession

Not specified

Area

360 sq yd (≈ 3,240 sq ft)

Reserve price / sq ft

₹1,806

Locality

—

City

Vijayawada

State

Andhra Pradesh

Pincode

286295

Address

ALL THAT PIECE AND PARCEL OF RESIDENTIAL PROPERTY HAVING DOOR NO. 49-2-61/A, R.S. NO. 267/2, 3, OLD ASST. NO. 38862/1, NEW ASST. NO. 286295, SITUATED AT URMILA NAGAR, GUNADALA, VIJAYAWADA MUNICIPAL CORPORATION, VIJAYAWADA, KRISHNA DISTRICT-520004, PLOT AREA 360 SQ. YDS. I.E. 301.01 SQ. MTRS, BOUNDARIES OF THE SITE: EAST: PROPERTY OF KALLEPALLI SURYANARAYANARAJU 65'0" WEST: 12' WIDE ROAD 65'0" NORTH: P.W.D PROPERTY 50'0" SOUTH: 15' WIDE ROAD 50'0 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

ORIX Leasing And Financial Services India Limited

Branch

Vijayawada

Auction type

SARFAESI Auction

Borrower

KOLLI S*****

Auction start

13 Oct 2026, 11:00 AM

Auction end

13 Oct 2026, 01:00 PM

EMD submission deadline

12 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2408226

Price Check

This listing's reserve price works out to ₹1,806 per sq ft. The average across residential bank auctions in Vijayawada on our site is ₹4,517 per sq ft, so this one is 60% 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 2408226), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹5,85,200 before 12 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 13 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.