All auctions / Andhra Pradesh / Ongole
410 square yard Individual House for sale in Ongole
Ongole, Prakasam, Andhra Pradesh – 523001
Canara Bank · SPECIALIZED ARM BRANCH, TIRUPATI
- Reserve price
- ₹46,52,000
- EMD
- ₹4,65,200
- Bid increment
- ₹50,000
- Area
- 3,690 sq ft
- Price per sq ft
- ₹1,261
This is the 3rd auction of this property. The reserve price is 5% lower than at the last auction (₹48,97,000 on 5 May 2026, 10:30 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property14 Oct 2026, 11:00 AM – 14 Oct 2026, 4:00 PM
- Pay EMD and submit bid by22 Oct 2026, 4:00 PM (EMD closes in 5 days)
- Auction23 Oct 2026, 10:30 AM – 11:30 AM · in 6 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 23 Oct 2026 | ₹46,52,000 | -5.0% | Upcoming |
| 5 May 2026 | ₹48,97,000 | — | Closed |
| 31 Mar 2026 | ₹48,97,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹4,65,200
- Rest of 25% when you win (same or next day)
- ₹6,97,800
- Balance 75%, usually within 15 days
- ₹34,89,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹2.33 L – ₹3.72 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
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- The Property having RCC roof Ground & First Floor industrial building in Sy No. 212/4, Door No. 40-99-71 & 72, Plot No.6, to an extent of 410.33 Sqyds or 343.08 Sq.mts, Chrukompalem Road, Pelluru, (V&M), Ongole (M), Prakasam District. Boundaries : EAST: 30 Feet Road West : Land of Magam Gopi Chandra Sekhar Rao South : Site of plot No 7 North : Plot of 5
- Borrower
- Vinayaka Paper Products Industry
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