Representative illustration — House bank auction in Kottamallampeta
Representative illustration — not the actual property photograph.
House Residential Constructive possession Strong Buy

House for Auction Kottamallampeta Anakapalli 58.9 Lakh by Cholamandalam Investment and Finance Company Limited 08 Jul 2026

Kottamallampeta, Anakapalli

Area: 217.8 sq.yds

D.No:3-83, Kottamallampeta Grama Panchayathi, Kotta Mallampeta Village, Golugonda Mandal, Anakapalli Dist.

Cholamandalam Investment And Finance Company Limited · Corporate Office : Chennai

Reserve price

₹58,86,000

EMD ₹5,88,600

Auction date

08 Jul 2026, 02:00 PM

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Quick read

  • Possession: Constructive
  • Area: 217.8 sq.yds
  • Locality: Kottamallampeta
  • Reserve: ₹58,86,000
  • EMD: ₹5,88,600

Auction snapshot

PossessionConstructive
Property typeHouse · Residential
LocalityKottamallampeta
Built-up / plot area217.8 sq.yds
LenderCholamandalam Investment And Finance Company Limited
BranchCorporate Office : Chennai
Unit / flat no.D.No:3-83
FloorGround floor, First floor, Second floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerauctionfocus.in

About this property

House bank auction in Kottamallampeta, Anakapalli by Cholamandalam Investment And Finance Company Limited — reserve price ₹58,86,000, 217.8 sq.yds, Constructive possession.

Discover a prime bank auction property in Anakapalli, Andhra Pradesh. This versatile mixed-use house, bearing D.No:3-83, is situated in Kottamallampeta Village, Golugonda Mandal. The property admeasures 217.8 sq.yds and features an RCC slab ground floor suitable for commercial operations, while the first and second floors are designed for residential living. It also includes a vacant site, offering potential for further development or use. This bank auction property presents a significant investment opportunity due to its dual-purpose nature and strategic location within Anakapalli district. The e-auction has a reserve price of ₹58,86,000 and an EMD of ₹5,88,600. The auction date is 2026-07-08 from 02:00 PM to 04:00 PM. Secure a valuable commercial and residential house for sale in Anakapalli.

GeoSquare note: This property in Anakapalli offers a compelling investment with its mixed-use nature (commercial ground floor, residential upper floors) and a decent area of 217.8 sq.yds. The reserve price of ₹58.86 lakhs appears reasonable for a property with such versatility and a good location within Anakapalli district. While possession is constructive, the property type and dual-income potential make it a strong buy for investors looking for a valuable asset.

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