House for Auction Anakapalle Visakhapatnam 55 Lakh by Cholamandalam Investment and Finance Company Limited 18 Jun 2026
Anakapalle, Visakhapatnam
Area: 138 Sq.yds
Door No. 12-16-25, 12-16-26, 12-16-27, Old Fort Ward, Anakapalli Town
Cholamandalam Investment And Finance Company Limited · Chennai
Reserve price
₹55,00,000
EMD ₹5,50,000
Auction date
18 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 138 Sq.yds
- ▸Locality: Anakapalle
- ▸Reserve: ₹55,00,000
- ▸EMD: ₹5,50,000
Auction snapshot
| Possession | Symbolic |
| Property type | House · Residential |
| Locality | Anakapalle |
| Built-up / plot area | 138 Sq.yds |
| Lender | Cholamandalam Investment And Finance Company Limited |
| Branch | Chennai |
| Unit / flat no. | 12-16-25, 12-16-26, 12-16-27 |
| Floor | Ground Floor, First Floor, Second Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | bankauctions.in |
About this property
House bank auction in Anakapalle, Visakhapatnam by Cholamandalam Investment And Finance Company Limited — reserve price ₹55,00,000, 138 Sq.yds, Symbolic possession.
Bank auction property! A newly constructed residential house is up for e-auction in Anakapalle, Visakhapatnam. The property bearing Door No. 12-16-25,12-16-26, 12-16-27, offers 138 Sq. Yds of space. The RCC building features a plinth area of 960 Sft on each of the Ground, First and Second Floors. Located in Old Fort Ward, Anakapalli Town, this bank auction property is an excellent investment opportunity. E-auction date: 2026-06-18 with a reserve price of ₹55,00,000 and an EMD of ₹5,50,000. Don't miss out!
GeoSquare note: The property is a residential house in Anakapalle, Visakhapatnam, offered at a reserve price of ₹55,00,000. The symbolic possession might require additional legal processes for the buyer. While the location is decent, the investment appeal is moderate, justifying a 'Fair Option' rating.
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