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Commercial Shops in Ongole, Prakasam, Andhra Pradesh
Ongole, Prakasam, Andhra Pradesh
This commercial property in Ongole, Prakasam, Andhra Pradesh is up for auction by Indian Overseas Bank, at a reserve price of ₹10.31 Cr. The stated extent is 2,053 sq yd. An earnest-money deposit of ₹1.03 Cr is due by 25 Nov 2026, 05:00 PM IST. Bidding opens on 26 Nov 2026, 10:30 AM IST on the official e-auction portal. The listing is republished from a statutory SARFAESI sale notice and refreshed daily; verify every detail against the notice before bidding.
Open the full listingSale notice (PDF)View on the official portal
Auction details
| Reserve price | ₹10.31 Cr |
|---|---|
| EMD amount | ₹1.03 Cr |
| Auction starts | 26 Nov 2026, 10:30 AM IST |
| Auction ends | 26 Nov 2026, 12:30 PM IST |
| EMD deadline | 25 Nov 2026, 05:00 PM IST |
| Inspection | 28-10-2026 10:00 – 25-11-2026 16:59 |
| Bank | Indian Overseas Bank |
| Branch | SPECIALISED ARM BRANCH - VISAKHAPATNAM-2579 |
| Property type | Commercial |
| Sub type | Shops |
| Extent | 2,053 sq yd |
| PIN code | 523001 |
| Status | Upcoming |
| Bank property ID | IOBANVEXPORTSBUILDING |
| Type of auction | Under SARFAESI |
| Possession | Symbolic |
| Borrower address | A-7/B APIIC INDUSTRIAL ESTATE, KURNOOL ROAD,ONGOLE-523001, Andhra Pradesh |
| Authorised officer | KVV Prasad (Chief Manager) |
| Inspection contact | M RAMAKRISHNA · 9550116754 |
| Bid increment | ₹100,000 |
| Auto-extension | Extends 10 min on a bid in the last 10 min |
| EMD window opens | 27 Oct 2026, 17:16 |
Legal description
land & 2 storied building situated at D.Nos.6-286 & 6-286/1, Opp. Police Quarters Road, S.No.154/1 of Ongole, North side of Kurnool Road, Ongole Corporation, Prakasam District
More auctions in Ongole
See all bank auctions in Ongole, Andhra Pradesh →This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.