45.5 cent Land & Building for Auction in Anakapalli – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

45.5 cent (≈ 19,819 sq ft)

Reserve price / sq ft

₹530

Locality

—

City

Anakapalli

State

Andhra Pradesh

Address

Descriptions of the property: Property belongs to Mr. YANNAMREDDY NAGIREDDY (Co-applicant) Mr. YANNAMREDDY RAMANABABU (Applicant): All that piece and parcel of land and building measuring an extent of Ac.45.5 Cents/0.184 Hectars or 2202.2 Sq.yds or 1841.31 Sq.mts together with RCC of 1020 Sq.ft. and A.C. sheets shed measuring 4900 Sq.ft. bearing Door No.1-1, Electricity Meter No. 113458V024000331 situated in Haripuram Village covered by S.No.46-12 of Haripuram Village, Rambili Mandal, Anakapalli District, Yelamanchili Jt. SRO, Anakapalli and bounded as follows: North: Land of Viyyapu Appalanaidu, East: Road, South: Land of Yannamreddy Ravikumar Reddy and oth ers, West: Road. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

NTR Dist

Auction type

SARFAESI Auction

Borrower

Ramanababu Y*****

Auction start

30 Oct 2026, 11:00 AM

Auction end

30 Oct 2026, 01:00 PM

EMD submission deadline

29 Oct 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2424799

Price Check

This listing's reserve price works out to ₹530 per sq ft. The average across residential bank auctions in Anakapalli on our site is ₹2,167 per sq ft, so this one is 76% 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 (4Closure · Listing 2424799), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹10,50,000 before 29 Oct 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 30 Oct 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.