113.4 sq yd Commercial Building for Auction in Rajamahendravaram – Hero Housing

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

113.4 sq yd (≈ 1,020 sq ft)

Reserve price / sq ft

₹1,832

Locality

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City

Rajamahendravaram

State

Andhra Pradesh

Address

All That Piece And Parcel of The Land Within The Limits of East Godavari District, Presently Within The Limits of Dr. B. R. Ambedkar Konaseema District, Ramachandrapuram Mandal, Sro-Draksharama, Thotapeta Village And Gram Panchayat Area, Ward No.2, R.s.no.5-12, Near D.no.2-76, An Extent of 113.4 Sq. Yards of Site And Building Therein Bearing D.no.2-121, Assessment No.306. East: 58ft. Property of Kota Musalayya, West: 58ft. Property of Medisetti Sushila, North :17.6 Pantabodhi, South: 17.6ft. Cement Road. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Hero Housing Finance

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

16 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 465600

Price Check

This listing's reserve price works out to ₹1,832 per sq ft. The average across commercial bank auctions in Rajamahendravaram on our site is ₹1,831 per sq ft, so this one is 0% 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 (AuctionTiger · Auction ID 465600), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 16 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.