58 sq yd Residential Plot for Auction in Vijayawada – Encore ARC

Property Details

Property type

Residential Plot (Residential)

Possession

Not specified

Area

58 sq yd (≈ 522 sq ft)

Reserve price / sq ft

₹20,881

Locality

—

City

Vijayawada

State

Andhra Pradesh

Address

All that piece and parcel of the property bearing an Extent of 58 Sq.Yds (48.49 Sq.Mts) of undivided share in a total extent of 420 Sq.yds (351.16 Sq.Mts) of site along with a flat therein bearing flat no.GF-1 in the ground floor of Sankara Saie Sudha Residency with a plinth area of 1200 Sq.ft,Common Area- 300 Sq.ft, Car Parking area 100 Sq.ft in Dr No.40-9-23, Plot No.27, Old Mun. Ward revised Ward No.28C, No.41, RS No.25/1,25/2,25/3,25/4 of Patamata Vijayawada Municipal Corporation, Patamata Sub Registry, Vijayawada, Krishna District being bounded by Site Boundaries East Plot No.34 of K Padmaja South Plot No.26 of U V Saraveswara Rao West : Municipal Corporation Road North : Municipal Corporation Road Flat Boundaries East Corridor and Staircase South Open to Sky West: Open to Sky North: Open to Sky View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Encore Asset Reconstruction Company

Branch

EARC-Bank-032-Trust

Auction type

SARFAESI Auction

Borrower

Mr.Srimannarayanan T*****

Auction start

18 Nov 2026, 11:00 AM

Auction end

18 Nov 2026, 01:00 PM

EMD submission deadline

17 Nov 2026, 03:00 PM

Inspection

30 Oct 2026, 10:00 AM – 30 Oct 2026, 03:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹20,881 per sq ft. The average across residential bank auctions in Vijayawada on our site is ₹5,589 per sq ft, so this one is 274% 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 (open notice).
2. Inspect the property on 30 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹10,90,000 before 17 Nov 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 18 Nov 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.