1,020 sq ft Flat for Auction in Nellore – LIC HFL

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

1,020 sq ft

Reserve price / sq ft

₹1,353

Locality

—

City

Nellore

State

Andhra Pradesh

Pincode

524002

Address

All that part and parcel of land and the residential property Schedule A:- Plot number 07 & 08, Patta no. 311,330,LP no 78/2009/DTCPO/NLR, Survey no.114-2,114-3, Satyam G Nagar T Block Layout, Vaviletipadu village, Vaviletipadu Panchayathi, Nellore rural, SPSR Nellore District, Andhrapradesh 524002, UDS Site Extent 21.196 Sq.yds Out Of 52.99 Ankanams or 423.92 SQYDS site Bounded on East By: 33 feet wide lay out Road, West By: Tennis court of Satyam G, North By: plot no 06, South By: Land of Nagulapati Srinivasulareddy And Schedule B:- Flat no G3, Ground floor, Sai Nivas Apartment Flat Built Up Area 1020 sq fts(930 sqfts& car parking 90 sqfts) Bounded on: EAST By: common corridor & common stair case, West By: Open to sky, North By: common lift & Open to sky, South By: Open to sky View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

LIC Housing Finance

Branch

Brundavanam

Auction type

SARFAESI Auction

Borrower

Ms B***** G*****

Auction start

19 Nov 2026, 11:00 AM

Auction end

19 Nov 2026, 01:00 PM

EMD submission deadline

18 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2459822

Price Check

This listing's reserve price works out to ₹1,353 per sq ft. The average across residential bank auctions in Nellore on our site is ₹4,172 per sq ft, so this one is 68% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (4Closure · Listing 2459822), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,38,000 before 18 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 19 Nov 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.