Flat SARFAESI Auction

896.04 sq yd Flat for Auction in Tirupati – LIC HFL

Tirupati, Andhra Pradesh · Auction ID #110574

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Reserve Price ₹32,00,000
EMD (Earnest Money)₹3,20,000
Bid Increment₹10,000
Auction Date 04 Dec 2026, 11:00 AM In 21 days
EMD Last Date 03 Dec 2026, 05:00 PM In 20 days
Area896.04 sq yd
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Property Details

Property type
Flat (Residential)
Possession
Not specified
Area
896.04 sq yd (≈ 8,064 sq ft)
Reserve price / sq ft
₹397
Locality
—

Description (as per sale notice)

Schedule-A: All the piece and parcel of the property bearing Sale Deed No: 975/2019, "A "Schedule (Total Site Description of Sri Prasuna Grand Apartment) Chittoor Dist, Sri Balaji Registration District, Tirupati, Srikalahasti Sub-District, Srikalahasti Mandalam, Srikalahasti Municipal Limits, 17th Ward, P.N.Road, Panagal residential area, the Land Owner entitled for an extent of 896.04 Sq.yds, site allotted for construction of Apartments located to the nearest D.No.17-147 situated in Sy.No.252/2A out of AC.2.18.19Cents. Bounded on: East: The remaining land of T.Prakash Rao in Sy.No.252/2A, West: The remaining land of T.Prakash Rao in Sy.No.252/2A, North: The agriculture land of Nagolu Sreekanth, South: 40 ft Road, Admeasuring 8064.375 Sq.ft or 896.045 Sq.yds or 749.20 Sq.mtrs site Schedule-B: (This property sold by the Land Owner/Vendor to the purchase under this deed) Proportionate undivided share to the built up area in site mentioned in the Schedule-A is 44.850 Sq.yds out of 896.04Sq.yds of site and the right to use and enjoy the common areas and amenities etc., pertaining to the flats in building of Sri Prasuna Grand aforementioned. Schedule-C: (This property sold by the Land Owner/Vendor to the purchase under this deed) All the Flat bearing no.304, 3rd Floor, admeasuring (including common area and car parking area) 1143 Sq.ft situated in the building known as Sri Prasuna Grand Apartment to be constructed in the premises described in Schedule-A set out supra located at Srikalahasti town, 17th ward, P.N.Road, Panagal, Srikalahasti town, residential area in the Revenue Survey No.252/2A, of Panagal Village accounts of Srikalahasti Municipal Limits. Bounded on: East: Common Corridor and stair case, West: Open to Sky, North: Open to Sky, South: 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
Mr. M***** R** & Mrs N*****
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
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Price Check

This listing's reserve price works out to ₹397 per sq ft. The average across residential bank auctions in Tirupati on our site is ₹4,164 per sq ft, so this one is 90% 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 (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 ₹3,20,000 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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