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Land & Building SARFAESI Auction

128 sq yd Land & Building for Auction in Nellore – IARC

Nellore, Andhra Pradesh · Auction ID #110569

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Land & Building for auction in Nellore – IARCRepresentative image – no photo published by the bank
Reserve Price ₹14,00,000
EMD (Earnest Money)₹1,40,000
Bid Increment₹20,000
Auction Date 20 Nov 2026, 11:00 AM In 5 days
EMD Last Date 19 Nov 2026, 05:00 PM In 4 days
Area128 sq yd
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Property Details

Property type
Land & Building (Residential)
Possession
Not specified
Area
128 sq yd (≈ 1,152 sq ft)
Reserve price / sq ft
₹1,215
Locality
—

Description (as per sale notice)

ITEM-1: ALL THAT PIECE AND PARCEL OF LAND AND BUILDING SITUATED AT SPSR NELLORE DISTRICT, NELLOR REGISTRATION DISTRICT, STONE HOUSEPET REGISTRATION SUB-DISTRICT, NELLORE BIT-2 AREA, COMPRISED IN S.NO.2215 TO 2217 PRESENTLY IN S.NO.2216, NELLORE CITY, MUNICIPAL WARD NO.28, VENKATESWARAPURAM AREA, JANARDHANA REDDY COLONY, H.NO.3137, SITUATED AT PLOT NO.531, ASSESSMENT NO.1031061694, LAND MEASURING AN EXTENT OF 16 ANKANAMS OR 128 SQ. YARDS OF SITE THERE IN RCC ROOFED BUILDING BOUNDED BY: EAST BY: HOUSE OF SYED MAHABOOB BI; WEST BY: HOUSE OF SYED ABDUL ALEEM, SYED IBRAHIM; NORTH BY: HOUSE OF SULOCHANAMMA AND SOUTH BY: ROAD WITHIN THESE BOUNDARIES AN EXTENT OF 16 ANKANAMS OR 128 SQ. YARDS, OF SITE THEREIN AN EXTENT OF 576 SQ FEET OF RCC ROOFED HOUSE WITH CURRENT METER NO.000624, ETC WITH ALL ITS EASEMENT RIGHTS APPURTENANCES THERETO. ITEM-2: ALL THAT PIECE AND PARCEL OF LAND AND BUILDING SITUATED AT SPSR NELLORE DISTRICT, NELLOR REGISTRATION DISTRICT, STONE HOUSEPET REGISTRATION SUB-DISTRICT, NELLORE BIT-2 AREA, COMPRISED IN S.NO.2215 TO 2217 PRESENTLY IN S.NO.2119, NELLORE CITY, MUNICIPAL WARD NO.28, VENKATESWARAPURAM AREA, JANARDHANA REDDY COLONY, H.NO.3066, PRESENT DOOR NO.28-8-1018, ASSESSMENT NO.1031084578, LAND MEASURING AN EXTENT OF 36 ANKANAMS OR 228 SQ. YARDS OF SITE THERE IN RCC ROOFED BUILDING BOUNDED BY: EAST BY: ROAD; WEST BY: ACC SHED OF PATHAN RASHEED KHAN; NORTH BY: ROAD AND SOUTH BY: HOUSE OF SHAIK MEERAVALI AND SHAIK BABU WITHIN THESE BOUNDARIES AN EXTENT OF 36 ANKANAMS OR 228 SQ. YARDS, OF SITE THEREIN AN EXTENT OF 832 SQ FEET OF ACC ROOFED HOUSE WITH CURRENT METER NO.3321199005275, ETC WITH ALL ITS EASEMENT RIGHTS APPURTENANCES THERETO. PROPERTY OWNED BY: MR. SYED UMAR & MR. SYED KHAJA HUSSIAN
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Bank & Auction Details

Branch
ISARC 2025-2026-3 Trust
Auction type
SARFAESI Auction
Borrower
AINA B***** I*****
Auction start
20 Nov 2026, 11:00 AM
Auction end
20 Nov 2026, 01:00 PM
EMD submission deadline
19 Nov 2026, 05:00 PM
Inspection
13 Nov 2026, 11:00 AM – 13 Nov 2026, 05:00 PM
Authorised officer
—
Officer contact
—
E-auction portal
C1 India
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Price Check

This listing's reserve price works out to ₹1,215 per sq ft. The average across residential bank auctions in Nellore on our site is ₹4,135 per sq ft, so this one is 71% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  2. Inspect the property on 13 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹1,40,000 before 19 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 20 Nov 2026 starting above the reserve price, in multiples of ₹20,000.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with International Asset Reconstruction Company. Always verify every detail with the official notice and the authorised officer before paying any money.

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