Amalapuram Plot Auction: Plot – Reserve ₹67 Lakh (7 Oct 2026)

Looking for a residential plot below market price in Amalapuram? The Amalapuram plot auction by State Bank of India is scheduled for 7 Oct 2026. On offer is a plot in Amalapuram, Dr Br Ambedkar Konaseema (PIN 533201). The online auction runs on 7 October 2026 (11:00 AM to 4:00 PM) with a reserve price of ₹67,00,000.

The property is being sold under SARFAESI on an “as is where is, as is what is and whatever there is” basis. Below are the reserve price, EMD, key dates, location details, bidding steps and a due diligence checklist for this auction.

Amalapuram Plot Auction: Key Highlights

• Reserve price: ₹67,00,000 (₹67 Lakh)
• EMD: ₹6,70,000
• Bid increment: ₹25,000
• Auction: 7 October 2026, 11:00 AM to 4:00 PM
• Last date for EMD: 7 October 2026, 4:00 PM
• Location: Amalapuram, Dr Br Ambedkar Konaseema, Andhra Pradesh
• Possession: Symbolic

Amalapuram Plot Auction – Complete Details

Auction ID	367885
Bank property ID	SBINGEETANJALIPLOT
Bank	State Bank of India
Branch	Sarb Visakhapatnam
Property type	Residential – Plot
Locality	Allavaram, East Godavari District
City / District	Amalapuram, Dr Br Ambedkar Konaseema
State	Andhra Pradesh
PIN code	533201
Type of possession	Symbolic
Type of action	Under SARFAESI
Reserve price	₹67,00,000
EMD	₹6,70,000
Bid increment	₹25,000
Auto-extension	5 minutes per late bid

About the Location – Amalapuram

The property is located in Amalapuram, Dr Br Ambedkar Konaseema district, Andhra Pradesh (PIN 533201). Andhra Pradesh’s property market is led by Visakhapatnam, Vijayawada, Guntur and Tirupati, with port-led and highway-led growth across the coastal districts. The handling branch is Sarb Visakhapatnam, which is usually the best contact for site visits and local queries.

Is the Amalapuram Plot Auction Worth It?

The EMD of ₹6,70,000 is 10% of the reserve price and is refunded to unsuccessful bidders. The real saving in a bank auction comes after you add stamp duty, registration, pending dues and repair costs to the bid, so set a firm ceiling before the auction starts. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.

Important Dates for the Amalapuram Plot Auction

• Inspection window: 3 October 2026, 10:00 AM to 6 October 2026, 4:00 PM
• EMD submission opens: 1 October 2026
• Last date for EMD: 7 October 2026, 4:00 PM
• E-auction: 7 October 2026, 11:00 AM to 4:00 PM
• Auto-extension: 5 minutes for every bid in the last minutes

How to Bid on BAANKNET

1. Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
2. Search for Auction ID 367885 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 9704557261.
4. Pay the EMD of ₹6,70,000 through the BAANKNET wallet before 7 October 2026, 4:00 PM.
5. Log in on 7 October 2026 and bid above the reserve in steps of ₹25,000; each late bid extends the auction by 5 minutes.

The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance 75% within 15 days, unless the bank states otherwise. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer.

Due Diligence Checklist Before Bidding

• Obtain the encumbrance certificate and verify the title chain.
• Confirm land use or zoning and road access on site.
• Check the survey sketch, boundaries and any encroachment.
• Verify that property tax and other local dues are clear.
• Read our auction property due diligence checklist before you bid.

Amalapuram Plot Auction: FAQs

More SBI and Andhra Pradesh Auctions

• All State Bank of India auction listings
• More residential plot auctions
• Bank auctions in Andhra Pradesh
• Guide: reserve price bidding strategy

Source: Auction ID 367885 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with State Bank of India before bidding.