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Commercial Restaurant in Srungavarapukota, Vizianagaram, Andhra Pradesh

Srungavarapukota, Vizianagaram, Andhra Pradesh

This commercial property in Srungavarapukota, Vizianagaram, Andhra Pradesh is up for auction by Bank of India, at a reserve price of ₹2.82 Cr. The stated extent is 450 sq yd. An earnest-money deposit of ₹28.18 L is due by 27 Oct 2026, 03:00 PM IST. Bidding opens on 27 Oct 2026, 11:00 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.

Reserve price
₹2.82 Cr
Auction starts
27 Oct 2026, 11:00 AM IST

Open the full listingSale notice (PDF)View on the official portal

Auction details

Reserve price₹2.82 Cr
EMD amount₹28.18 L
Auction starts27 Oct 2026, 11:00 AM IST
Auction ends27 Oct 2026, 05:00 PM IST
EMD deadline27 Oct 2026, 03:00 PM IST
Inspection14-10-2026 16:23 – 26-10-2026 16:23
BankBank of India
BranchARB HYDERABAD
Property typeCommercial
Sub typeRestaurant
Extent450 sq yd
PIN code535145
StatusUpcoming
Bank property IDBKID207762810
Type of auctionUnder SARFAESI
PossessionSymbolic
LocalitySRUNGAVARAPUKOTA
Borrower addressRep by Mr.Chelluri Srinivasa Rao , 8-242,Yadla Street,Near old Bustand, Srungavarapukota, Vizianagaram,Andhra Pradesh – 535145
Authorised officerThondepu Jagannadham (Authorised Officer - Scale - IV - CM)
Inspection contactRAJESH DANDAMPALLI · 9160006393
Bid increment₹100,000
Auto-extensionExtends 10 min on a bid in the last 10 min
EMD window opens12 Oct 2026, 16:29
Parcels in this lot5
Extent (sale notice)234.64 sq yd + 144 sq yd + 90.64 sq yd + 1,566.87 sq ft + 214.97 sq yd
VillageSrungavarapukota
Taluka / tehsilSrungavarapukota
District (sale notice)Visakhapatnam
FloorGround
RegistrationSub-registrar reference in the notice

Legal description

a) All that total site measuring an extent of 234.64 Sq. Yards (144 Sq. Yards + 90.64 Sq. Yards) or 196.18 Sq. Mts, consisting of Ground Floor Commercial Building (GI Sheet Roof) with a Plinth Area of 1566.87 Sq. Feet, covered by S.No 138-1P and 138-2P, situated at Block No.2 Pandiri Appanna Junction to R & B Bungalow, East Side of Visakhapatnam – Araku R & B Road, Northern Side of Ramnagar Panchayat Road, Srungavarapukota Village and Panchayat, Srungavarapukota Mandal, Srungavarapukota SRO, within the limits of Vizianagaram District is situated within the following boundaries and measurements: For Property of 144 Sq. Yards, the measurements are as follows. East : 54’.00” or 16.36 Meters South : 24’.00” or 7.27 Meters West : 54’.00” or 16.36 Meters North : 24’.00” or 7.27 Meters For Property of 90.64 Sq. Yards, the measurements are as follows. East : 14’.00” or 4.24 Meters South : 55’.00” or 16.66 Meters West : 14’.50” or 4.39 Meters North : 59’.50” or 18.03 Meters i.e a Total Extent of 234.64 Sq. or 196.18 Sq. Mts site bounded by East : Site belongs to Borra Suresh South : Panchayat Road and Mayuraa Inn Restaurant Building West : Visakhapatnam to Araku R&B Road and Mayuraa Inn Restaurant Building North : Site belongs to Sagi Krishnam Raju and Others b) All that total site measuring an extent of 214.97 Sq. Yards or 179.74 Sq. Mts, consisting of Ground, First and Second Floor Commercial Building with a Plinth Area of 1304.11 Sq. Feet each, covered by S.No 138-1P and 138-2P, situated at Block No.2 Pandiri Appanna Junction to R & B Bungalow, East Side of Visakhapatnam – Araku R & B Road, Srungavarapukota Village and Panchayat, Srungavarapukota Mandal, Srungavarapukota SRO, within the limits of Vizianagaram District is situated within the following boundaries and measurements: East : 40’.00” or 12.12 Metres South : 41’.00” or 12.42 Meters West : 41’.50” or 12.65 Meters North : 55’.00” or 16.66 Meters East: Property of Sri Chelluri Srinivasa Rao South: Panchayathi CC Road West: Visakhapatnam – Araku R & B Road North: Property of Chelluri Srinivasa Rao

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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.