All auctions / Andhra Pradesh / Machilipatnam
17Oct
Flat for sale in CHALLAPALLI Machilipatnam
Machilipatnam, Krishna, Andhra Pradesh – 521001
Canara Bank · VIJAYAWADA SPECIALISED ARM BRANCH
- Reserve price
- ₹12,20,000
- EMD
- ₹1,22,000
- Bid increment
- ₹10,000
- Area
- 1,266 sq ft
- Price per sq ft
- ₹964
This is the 8th auction of this property. The reserve price is 2.9% lower than at the last auction (₹12,57,000 on 5 Sep 2026, 2:00 PM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property12 Oct 2026, 11:00 AM – 12 Oct 2026, 4:00 PM
- Pay EMD and submit bid by17 Oct 2026, 12:00 PM (EMD closes in 2 days)
- Auction17 Oct 2026, 2:00 PM – 4:00 PM · in 2 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 17 Oct 2026 | ₹12,20,000 | -2.9% | Upcoming |
| 5 Sep 2026 | ₹12,57,000 | -2.9% | Closed |
| 14 Jul 2026 | ₹12,95,000 | — | Closed |
| 19 Jun 2026 | ₹12,95,000 | -5.0% | Closed |
| 11 May 2026 | ₹13,63,000 | -5.0% | Closed |
| 25 Feb 2026 | ₹14,35,000 | -5.0% | Closed |
| 20 Jan 2026 | ₹15,11,000 | — | Closed |
| 17 Dec 2025 | ₹15,11,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹1,22,000
- Rest of 25% when you win (same or next day)
- ₹1,83,000
- Balance 75%, usually within 15 days
- ₹9,15,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹61,000 – ₹97,600
You may bid above the reserve in steps of ₹10,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.
Property
- Type
- Residential · Flat
- Possession
- Symbolic
- Address
- Flat no 311 in second floor, A Block apartment in sun flower splendor city to an extent of 1266 Sq.ft (1012.5 Sq ft of plinth area, 153.50 Sq ft of Common area and 100 Sq ft of car parking area) in An undivided and unspecified joint share of an extent of 55 sq. yards or 45.98 Sq mtrs out of a total extent of Ac.3.72 cents or 18004.80Sq yards of site situated in Challapalli RS No: 219/7,220/5,220/6,222/1, 222/4, 245/3 old block no 5, new block no 7, south of sunflower colony in Challapalli, Challapalli village and gram Panchayat, Challapalli Mandal
- Borrower
- BOGGAVARAPU SURYANARAYANA MURTHY
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17Oct
Flat for sale in CHALLAPALLI Machilipatnam
Machilipatnam, Krishna, Andhra Pradesh
Canara Bank Residential · Flat
Reserve cut 5% 8th auction1,266 sq ftSymbolic possession
in 2 days EMD closes in 2 days
₹13.35 L
was ₹14.05 L
₹1,055/sq ft