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Land SARFAESI Auction

18 sq yd Land for Auction in Nellore – LIC HFL

Nellore, Andhra Pradesh · Auction ID #110573

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Land for auction in Nellore – LIC HFLRepresentative image – no photo published by the bank
Reserve Price ₹35,60,000
EMD (Earnest Money)₹3,56,000
Bid Increment₹10,000
Auction Date 04 Dec 2026, 11:00 AM In 20 days
EMD Last Date 03 Dec 2026, 05:00 PM In 19 days
Area18 sq yd
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Property Details

Property type
Land (Land & Agricultural)
Possession
Not specified
Area
18 sq yd (≈ 162 sq ft)
Reserve price / sq ft
₹21,975
Locality
—

Description (as per sale notice)

Schedule A: All that piece and the parcel of the property bearing sale deed No: 1119/2017 Dated. 06/03/2017, SPSR Nellore Registration District ilaka, Nellore Sub Registrar, Nellore Corporation, Nellore bit-1 Area, S.No.209, Present Ward NO.15, Venkatramapuram intirial, 3 rd Adda Road, Near Door No.466. The Immovable Residential Property named "SUMA RESIDENCY" admeasuring with an extent of 118 Ankanams, on which undivided share of land 18 Sq.yds or 15.05 Sq.mtrs of site. Bounded as follows 1 st Item: East: Compound Wall of B Srinivasulu, South: Irrigation Canal, West: This site Own Wall, North: Road. Schedule B: ",SUMA RESIDENCY, Flat No. 101, First Floor, 1460 sft (Including Common Area, Car Parking) Bounded as follows: East: Open to sky,South: Open to Sky, West: Common Corridor, North: Open to Sky
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Bank & Auction Details

Bank / Lender
LIC Housing Finance
Branch
LIC Housing Finance Limited, Governorpet, Vijayawada - BO
Auction type
SARFAESI Auction
Borrower
Ms S***** C*****
Auction start
04 Dec 2026, 11:00 AM
Auction end
04 Dec 2026, 01:00 PM
EMD submission deadline
03 Dec 2026, 05:00 PM
Inspection
23 Nov 2026, 10:30 AM – 23 Nov 2026, 04:00 PM
Authorised officer
—
Officer contact
—
E-auction portal
C1 India
View official sale notice
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Price Check

This listing's reserve price works out to ₹21,975 per sq ft. The average across land & agricultural bank auctions in Nellore on our site is ₹6,829 per sq ft, so this one is 222% above 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 (open notice).
  2. Inspect the property on 23 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 ₹3,56,000 before 03 Dec 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 4 Dec 2026 starting above the reserve price, in multiples of ₹10,000.
  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 LIC Housing Finance. Always verify every detail with the official notice and the authorised officer before paying any money.

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