Plot for Auction Kovvur West Godavari 4.5 Crore by State Bank of India 15 Jul 2026
Kovvur, West Godavari
Area: 6932.09 sq. yards
R.S.No. 518 (revised 518/3, 518/2A), D.No. 15-9-76, L.P.No. 0001/2020/1076, Kovvur Mandal
State Bank of India · Stressed Assets Recovery Branch
Reserve price
₹4,50,00,000
EMD ₹45,00,000
Auction date
15 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Constructive
- ▸Area: 6932.09 sq. yards
- ▸Locality: Kovvur
- ▸Reserve: ₹4,50,00,000
- ▸EMD: ₹45,00,000
Auction snapshot
| Possession | Constructive |
| Property type | Plot · Residential |
| Locality | Kovvur |
| Built-up / plot area | 6932.09 sq. yards |
| Lender | State Bank of India |
| Branch | Stressed Assets Recovery Branch |
| Unit / flat no. | D.No. 15-9-76, L.P.No. 0001/2020/1076 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Kovvur, West Godavari by State Bank of India — reserve price ₹4,50,00,000, 6932.09 sq. yards, Constructive possession.
Discover a prime investment opportunity with this bank auction plot in Kovvur, West Godavari District, Andhra Pradesh, offered by State Bank of India. This substantial land parcel, identified by D.No. 15-9-76 and R.S.No. 518, boasts a net plotted area of 6932.09 sq. yards, making it ideal for residential or commercial development. The e-auction, managed by the Stressed Assets Recovery Branch, Visakhapatnam, has a reserve price of ₹4.5 Crores and an EMD of ₹45 Lakhs. The property is under the bank's constructive possession and will be sold on an "AS IS WHERE IS" basis. Interested bidders can inspect the property from June 9, 2026, to July 14, 2026. The online auction is scheduled for July 15, 2026, from 11:00 AM to 04:00 PM. Contact Mr.B. Vara Prasad for further details on this bank auction property for sale.
GeoSquare note: This is a very large plot in a developing area of Kovvur, West Godavari, offered through a transparent State Bank of India e-auction. The significant size (6932.09 sq. yards) presents strong development potential. However, the high reserve price of ₹4.5 Crores, constructive possession, and the 'Not Known to Bank' status regarding encumbrances warrant thorough due diligence by potential buyers. The distant auction date provides ample time for comprehensive research, positioning it as a fair option for a strategic investor.
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