3,244.44 sq yd Flat for Auction in Narasaraopet – KVB

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

3,244.44 sq yd (≈ 29,199 sq ft)

Reserve price / sq ft

₹161

Locality

—

City

Narasaraopet

State

Andhra Pradesh

Address

SCHEDULE-A: Property Standing in the name of Mr.Velchuri Bala Venkata Subramanyam: Residential Flat Situated at Mandal S. No.397 of Vinukonda Grama Panchayath, D. No. 30-326/5(As per Tax), Flat No. 106, (As per GPA Flat No. 6) Ground Floor, "DIAMOND TOWERS in SARADAMBA TOWERS" Revenue Ward No.3, Asst No. 1131022034, Eenugupalem Road, Near Railway Station, Vinukonda Municipality, Palnadu District, Andhra Pradesh with an un-Divided Share of 37 Sq Yds out of 3244.44 Sq. Yds with an Extent of 1150 sft (Including Common Area and Car Parking) bounded by the following BOUNDARIES OF THE APARTMENT: East: 30 Feet Road, South Propety of Nagasarapu Subbarya Gupta & Radha Gupta, North: 30 Feet Road, West: Propety of Nagasarapu Subbarya Gupta & Radha Gupta. BOUNDARIES OF THE FLAT: East: Open to Sky, South: Open to Sky, West: Common Corridor, North: Open to Sky View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Karur Vysya Bank

Branch

Vinukonda

Auction type

SARFAESI Auction

Borrower

M/s. S** S** V***** F**** a** B*** S*****

Auction start

19 Nov 2026, 11:00 AM

Auction end

19 Nov 2026, 12:00 PM

EMD submission deadline

18 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2427006

Price Check

This listing's reserve price works out to ₹161 per sq ft. The average across residential bank auctions in Narasaraopet on our site is ₹2,481 per sq ft, so this one is 94% 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 2427006), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹4,70,000 before 18 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 19 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.