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43.15 square yard Plot for sale in Narasaraopet

Narasaraopet, Palnadu, Andhra Pradesh – 522601

Indian Overseas Bank · NARASARAOPET-2969

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹18,64,000
EMD
₹1,86,400
Bid increment
₹50,000
Area
388 sq ft
Price per sq ft
₹4,800

This is the 3rd auction of this property. The reserve price is 10% lower than at the last auction (₹20,71,000 on 29 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property14 Oct 2026, 10:00 AM – 28 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by29 Oct 2026, 11:00 AM
  3. Auction29 Oct 2026, 11:00 AM – 2:00 PM · in 12 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
29 Oct 2026₹18,64,000-10.0%Upcoming
29 Sep 2026₹20,71,000-15.8%Closed
4 Sep 2026₹24,60,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹1,86,400
Rest of 25% when you win (same or next day)
₹2,79,600
Balance 75%, usually within 15 days
₹13,98,000
Stamp duty and registration (about 5–8%, varies by state)
₹93,200 – ₹1.49 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 · Plot
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
D.NO:5-9-48, BLOCK NO. 1/16, WARD NO. 26, NEAR SINDHU VIDYALAM, NARASARAOPET, PALNADU, ANDHRA PRADESH-522601
Borrower
SYED FRUITS COMPANY

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