All auctions / Andhra Pradesh / Machilipatnam

Flat for sale in CHALLAPALLI Machilipatnam

Machilipatnam, Krishna, Andhra Pradesh – 521001

Canara Bank · VIJAYAWADA SPECIALISED ARM BRANCH

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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

  1. Inspect the property12 Oct 2026, 11:00 AM – 12 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by17 Oct 2026, 12:00 PM (EMD closes in 2 days)
  3. Auction17 Oct 2026, 2:00 PM – 4:00 PM · in 2 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
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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  1. Flat for sale in CHALLAPALLI Machilipatnam

    Machilipatnam, Krishna, Andhra Pradesh

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    Reserve cut 5% 8th auction1,266 sq ftSymbolic possession

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