Land and Building for Auction Kovur Nellore 3.2 Crore by Indian Bank 08 Jul 2026
Kovur, Nellore
Kovur, Nellore, Andhra Pradesh
Indian Bank · Nellore branch
Reserve price
₹3,18,00,000
EMD ₹31,80,000
Auction date
08 Jul 2026, 11:00 AM
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Quick read
- ▸Locality: Kovur
- ▸Reserve: ₹3,18,00,000
- ▸EMD: ₹31,80,000
Auction snapshot
| Possession | — |
| Property type | Land And Building · Residential |
| Locality | Kovur |
| Lender | Indian Bank |
| Branch | Nellore branch |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Kovur, Nellore by Indian Bank — reserve price ₹3,18,00,000.
DESCRIPTION OF THE PROPERTY: Land and semi-finished Multi Storied apartment building (Stilt+G+4) at S.No.1040/2C & 1035/3 in the land converted into house plots vide LP No.65/2009 of DTCP, Nellore as per approved layout plan, plot bearing No's. 1,2 & 3, total land area 128.24 Ankanams or 1025.92 sq yards or 857.909 sq mts. Apartment with 25 flats in the name style "DS Homes", opposite to Saibaba Temple, Bye pass, Adipireddy Layout, Kovur Village, Nellore District. Boundaries: East: 33 ft width Layout Road, South: Plot No.4, West: Land of Athipalli Hymavathamma and others, North: Road.Note: Property valued is a semi-finished RCC residential apartment building with Stilt+Ground+Four upper floors. Each floor consists of 5 two bed rooms residential flats. Structure of the building is completed and internal works are in different stages for different floors. It is observed that the plan for the above building is not approved due to some technical reasons. As the property is valued for SARFAESI purpose the total construction value is considered as per the present condition of the building
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