Land for Auction Kandayapalem Nellore 49 Lakh by Icici Bank 29 Jun 2026
Kandayapalem, Nellore
Area: 264 Sq.yds
Kandayapalem, Survey No. 413/3, Ward No. 26-1, Nellore Municipal Corporation
ICICI Bank · Branch Office : Vijayawada
Reserve price
₹49,00,000
EMD ₹4,90,000
Auction date
29 Jun 2026, 10:30 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 264 Sq.yds
- ▸Locality: Kandayapalem
- ▸Reserve: ₹49,00,000
- ▸EMD: ₹4,90,000
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Kandayapalem |
| Built-up / plot area | 264 Sq.yds |
| Lender | ICICI Bank |
| Branch | Branch Office : Vijayawada |
| Unit / flat no. | Survey No. 413/3, Old Door No. 1898, Present Door No. 26-3-1848/15-4, Assessment No. 1031051427, Current Service No. 3210 |
| Building / society | Nellore Municipal Corporation |
| Auction type | SARFAESI Auction |
| Service provider | matex.net |
About this property
Land bank auction in Kandayapalem, Nellore by ICICI Bank — reserve price ₹49,00,000, 264 Sq.yds, Physical possession.
Discover a prime bank auction property: a 264 Sq.yds plot of land with an additional 108 Sq.ft ACC Asbestos Construction, ideally located in Kandayapalem, Nellore, Andhra Pradesh. This valuable asset, identified by Survey No. 413/3 and under Nellore Municipal Corporation, offers excellent investment potential. The e-auction, conducted by ICICI Bank, provides physical possession, ensuring a secure acquisition. The reserve price is ₹49,00,000 with an EMD of ₹4,90,000. Property inspection is available from June 22 to June 29, 2026, between 11:00 AM and 12:00 Noon, with the e-auction scheduled for June 29, 2026, from 10:30 AM to 11:30 AM. Don't miss this opportunity for a strategic property acquisition in Nellore through a transparent bank auction.
GeoSquare note: This land with existing ACC construction in Kandayapalem, Nellore, represents a strong investment opportunity. The physical possession status significantly reduces buyer risk, while the location in Nellore, a growing district, adds to its market appeal. The reserve price of ₹49 lakhs appears competitive, making this bank auction property a desirable asset for potential investors seeking value and security.
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