Commercial Building for Auction Mandapala Nellore 87 Lakh by State Bank of India 09 Jul 2026
Mandapala, Nellore
Area: 32 Sq. Yards
Mandapala Street (Achari Street), Nellore Town, Ward No. 13, bearing Old Door No. 83, New Door No. 73, Assessment No. 16075
State Bank of India · Vijayawada
Reserve price
₹87,00,000
EMD ₹8,70,000
Auction date
09 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 32 Sq. Yards
- ▸Locality: Mandapala
- ▸Reserve: ₹87,00,000
- ▸EMD: ₹8,70,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Building · Commercial |
| Locality | Mandapala |
| Built-up / plot area | 32 Sq. Yards |
| Lender | State Bank of India |
| Branch | Vijayawada |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Commercial Building bank auction in Mandapala, Nellore by State Bank of India — reserve price ₹87,00,000, 32 Sq. Yards, Physical possession.
Bank auction property in Nellore! A commercial building located on Mandapala Street (Achari Street) is up for e-auction by State Bank of India. This property features a ground floor shop with construction rights, situated on a 32 Sq. Yards plot. The auction is scheduled for July 9, 2026, with a reserve price of ₹87,00,000 and EMD of ₹8,70,000. Don't miss this opportunity to invest in a prime commercial shop for sale in a bustling location. Inspection dates are available. Contact the authorized officer for more details.
GeoSquare note: The property is a commercial building in a relatively central location of Nellore, offered at ₹87,00,000. However, the details regarding construction limitations and shared rights may affect its investment appeal.Physical posession adds value.
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