Representative illustration — Land bank auction in Vuyyala Kalava Street
Representative illustration — not the actual property photograph.
Land Residential Physical possession Prime Investment

Land for Auction Vuyyala Kalava Street Nellore 89 Lakh by State Bank of India 02 Jul 2026

Vuyyala Kalava Street, Nellore

Area: 354 sq. ft.

Door No.24, Ward No.16/1, Vuyyala Kalava Street, Nellore Municipal Corporation, Nellore Town

State Bank of India · RASMECCC

Reserve price

₹89,00,000

EMD ₹8,90,000

Auction date

02 Jul 2026, 02:00 PM

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Quick read

  • Possession: Physical
  • Area: 354 sq. ft.
  • Locality: Vuyyala Kalava Street
  • Reserve: ₹89,00,000
  • EMD: ₹8,90,000

Auction snapshot

PossessionPhysical
Property typeLand · Residential
LocalityVuyyala Kalava Street
Built-up / plot area354 sq. ft.
LenderState Bank of India
BranchRASMECCC
Unit / flat no.Door No.24
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Land bank auction in Vuyyala Kalava Street, Nellore by State Bank of India — reserve price ₹89,00,000, 354 sq. ft., Physical possession.

An excellent opportunity to acquire a commercial shop through bank auction by State Bank of India. This property, located at Door No.24, Ward No.16/1, Vuyyala Kalava Street in Nellore Town, features a 354 sq. ft. terraced shop room with all amenities. Situated in the vibrant city of Nellore, Andhra Pradesh, this bank auction property offers significant investment potential. The e-auction is scheduled for July 2, 2026, with a reserve price of ₹8,900,000. Interested bidders can inspect the property from June 22 to June 29, 2026. Secure this prime commercial shop for sale and capitalize on its strategic location and physical possession status.

GeoSquare note: This commercial shop in Nellore offers high investment appeal due to its prime location on Vuyyala Kalava Street, a bustling area in Nellore Municipal Corporation. The physical possession status is a major advantage, reducing post-auction complexities. While the price range is substantial, the property type and location suggest strong potential for capital appreciation and rental income, making it a highly recommended 'Prime Investment'.

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