All auctions / Andhra Pradesh / Eluru
Individual House for sale in Near Gnaganamma School, Western Street, Eluru Eluru
Eluru, Andhra Pradesh – 534001
State Bank of India · SARB VISAKHAPATNAM-10077
- Reserve price
- ₹74,00,000
- EMD
- ₹7,40,000
- Bid increment
- ₹50,000
This is the 7th auction of this property. The reserve price is 5.1% lower than at the last auction (₹78,00,000 on 23 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property1 Oct 2026, 10:00 AM – 15 Oct 2026, 4:00 PM
- Pay EMD and submit bid by16 Oct 2026, 3:55 PM (EMD closes tomorrow)
- Auction16 Oct 2026, 11:00 AM – 4:00 PM · tomorrow
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 16 Oct 2026 | ₹74,00,000 | -5.1% | Upcoming |
| 23 Sep 2026 | ₹78,00,000 | -4.9% | Closed |
| 29 Jun 2026 | ₹82,00,000 | -5.7% | Closed |
| 29 Apr 2026 | ₹87,00,000 | — | Closed |
| 16 Mar 2026 | ₹87,00,000 | — | Closed |
| 3 Dec 2025 | ₹87,00,000 | -5.2% | Closed |
| 5 Nov 2025 | ₹91,80,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹7,40,000
- Rest of 25% when you win (same or next day)
- ₹11,10,000
- Balance 75%, usually within 15 days
- ₹55,50,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹3.70 L – ₹5.92 L
You may bid above the reserve in steps of ₹50,000. 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 · Individual House
- Possession
- Physical
- Auction type
- Bank sale (SARFAESI)
- Address
- Near Gnaganamma School, Western Street, Eluru
- Borrower
- HEERAM FOODS PVT LTD
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