Flat for Auction Tallavalasa Village Bheemunipatnam Mandal Visakhapatnam 37 Lakh by Cholamandalam Investment and Finance Company Limited 15 Jul 2026
Tallavalasa Village, Bheemunipatnam Mandal, Visakhapatnam
Area: 1630 sft
Flat No. 501, Fourth Floor, Rajesh Residency, Tallavalasa Village, Bheemunipatnam Mandal, Visakhapatnam District
Cholamandalam Investment And Finance Company Limited · Corporate Office : Chennai
Reserve price
₹36,96,840
EMD ₹3,69,684
Auction date
15 Jul 2026, 02:00 PM
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Quick read
- ▸Possession: Constructive
- ▸Area: 1630 sft
- ▸Locality: Tallavalasa Village, Bheemunipatnam Mandal
- ▸Reserve: ₹36,96,840
- ▸EMD: ₹3,69,684
Auction snapshot
| Possession | Constructive |
| Property type | Flat · Residential |
| Locality | Tallavalasa Village, Bheemunipatnam Mandal |
| Built-up / plot area | 1630 sft |
| Lender | Cholamandalam Investment And Finance Company Limited |
| Branch | Corporate Office : Chennai |
| Unit / flat no. | Flat No. 501 |
| Building / society | Rajesh Residency |
| Floor | Fourth Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | auctionfocus.in |
About this property
Flat bank auction in Tallavalasa Village, Bheemunipatnam Mandal, Visakhapatnam by Cholamandalam Investment And Finance Company Limited — reserve price ₹36,96,840, 1630 sft, Constructive possession.
Discover this attractive residential bank auction property: Flat No. 501 on the Fourth Floor of 'Rajesh Residency' located in Tallavalasa Village, Bheemunipatnam Mandal, Visakhapatnam District, Andhra Pradesh. This spacious flat boasts a plinth area of 1630 sq. ft. along with an undivided share of land admeasuring 85.92 sq. yds. The e-auction, conducted by Cholamandalam Investment And Finance Company Limited, is scheduled for July 15, 2026, with a reserve price of ₹36,96,840. The property is under constructive possession and is reported to have no known encumbrances, making it a strong potential investment in the growing Visakhapatnam region. An inspection date is set for July 13, 2026. For further details or assistance, prospective bidders can contact Authorized Officer Nivagana Srinivasarao at 9491414600 or P Samba Murthy at 9966323483.
GeoSquare note: This residential flat in 'Rajesh Residency', Tallavalasa, Visakhapatnam, presents a good investment opportunity. With a generous area of 1630 sq. ft. and a constructive possession status, it offers a secure purchase. The reserve price of ₹36,96,840 is competitive for a property of this type and location in a developing city like Visakhapatnam, making it a strong candidate for investors or homebuyers.
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