Representative illustration — Shed bank auction in Bhimavaram
Representative illustration — not the actual property photograph.
Shed Industrials Physical possession Fair Option

Shed for Auction Bhimavaram West Godavari 5 Crore by State Bank of India 24 Jun 2026

Bhimavaram, West Godavari

Area: 1788 sq. yds

Near Padmalaya Theatre, Komarada Road, Bhimavaram Municipality, West Godavari - Dist.

State Bank of India · Stressed Asset Recovery Branch

Reserve price

₹4,96,00,000

EMD ₹49,60,000

Auction date

24 Jun 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 1788 sq. yds
  • Locality: Bhimavaram
  • Reserve: ₹4,96,00,000
  • EMD: ₹49,60,000

Auction snapshot

PossessionPhysical
Property typeShed · Industrials
LocalityBhimavaram
Built-up / plot area1788 sq. yds
LenderState Bank of India
BranchStressed Asset Recovery Branch
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

Shed bank auction in Bhimavaram, West Godavari by State Bank of India — reserve price ₹4,96,00,000, 1788 sq. yds, Physical possession.

Explore this bank auction property featuring residential sheds in Bhimavaram, West Godavari. This prime real estate opportunity includes multiple sheds totaling 1788 sq. yds, located near Padmalaya Theatre on Komarada Road. The e-auction is scheduled for 2026-06-24, with a reserve price of ₹49,600,000 and EMD of ₹4,960,000. Don't miss this chance to invest in a bank auction property with significant potential in a developing locality. Property inspection available from 2026-05-25 to 2026-06-23.

GeoSquare note: Located in Bhimavaram, the property consists of multiple residential sheds auctioned together as a single lot with physical posession. The relatively high reserve price and the 'as is where is' basis may pose some risk. However, the combined area of 1788 sq. yds offers significant redevelopment potential, warranting consideration for investors familiar with the local market.

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