Representative illustration — Flat bank auction in Anandapuram
Representative illustration — not the actual property photograph.
Flat Residential Constructive possession Fair Option

Flat for Auction Anandapuram Visakhapatnam 41.1 Lakh by Cholamandalam Investment and Finance Company Limited 16 Jun 2026

Anandapuram, Visakhapatnam

Area: 1630 sft

Flat No.501, Fourth Floor, Rajesh Residency, Sy. No. 86/5, Tallavalasa Village, Bheemunipatnam Mandal, Anandapuram SRO, Visakhapatnam District

Cholamandalam Investment And Finance Company Limited · Corporate Office : Chennai

Reserve price

₹41,07,600

EMD ₹4,10,760

Auction date

16 Jun 2026, 02:00 PM

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Quick read

  • Possession: Constructive
  • Area: 1630 sft
  • Locality: Anandapuram
  • Reserve: ₹41,07,600
  • EMD: ₹4,10,760

Auction snapshot

PossessionConstructive
Property typeFlat · Residential
LocalityAnandapuram
Built-up / plot area1630 sft
LenderCholamandalam Investment And Finance Company Limited
BranchCorporate Office : Chennai
Unit / flat no.501
Building / societyRajesh Residency
FloorFourth
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerauctionfocus.in

About this property

Flat bank auction in Anandapuram, Visakhapatnam by Cholamandalam Investment And Finance Company Limited — reserve price ₹41,07,600, 1630 sft, Constructive possession.

Bank auction property! Seize the opportunity to own a 4BHK flat in Rajesh Residency, Anandapuram, Visakhapatnam. This spacious flat, with an area of 1630 sft, is located on the fourth floor. The e-auction is scheduled for June 16, 2026, with a reserve price of ₹4107600.0 and an EMD of ₹410760.0. Don't miss out on this prime investment opportunity in a rapidly developing locality. Property inspection available on June 13, 2026. Last date for submission is June 15, 2026.

GeoSquare note: The property is a residential flat in Visakhapatnam, offered at a reserve price of ₹4107600.0 with constructive posession. While the location is developing, constructive possession adds some risk. Given these factors, it's a fair option but requires thorough due diligence.

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