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Residential Plot SARFAESI Auction

837.23 sq yd Residential Plot for Auction in Nellore – LIC HFL

Nellore, Andhra Pradesh · Auction ID #2890

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Reserve Price ₹33,00,000
EMD (Earnest Money)₹3,30,000
Bid Increment₹10,000
Auction Date 22 Oct 2026, 11:00 AM In 22 days
EMD Last Date 21 Oct 2026, 05:00 PM In 21 days
Area837.23 sq yd

Property Details

Property type
Residential Plot (Residential)
Possession
Not specified
Area
837.23 sq yd (≈ 7,535 sq ft)
Reserve price / sq ft
₹438
Locality
—

Description (as per sale notice)

Schedule A: All that piece and the parcel of the property bearing sale deed No: 32794/2024 Dated 11/12/2024, Sri Potti Sree Ramulu Nellore District, Nellore Registration District, Nellore Sub Registrar ilaka, Nellore Municipal Corporation, Nellore Bit-2 Area, S.No.931/1, 931/2, 932, Patta No.201, S.No.917, Plot No.C, Municipal Ward No.16-4, New Door no. 16-16-969, Asst No.1031089427 The Immovable Residential Property named "SINDHU RESIDENTIAL APT" admeasuring with an extent of 837.232 Sq.yds or 700.03 Sq.mtrs, on which undivided share of land 24.00 Sq.yds or 20.06 Sq.mtrs of site.Bounded as Follows: 1 Item: East: 40 feet Wide Road, South: Plot No.B_West: Property of Nellore Sridhar Reddy, North: Plot No.D Schedule B: ",SINDHU RESIDENTIAL APT, Flat No.206, 1st Floor, 756 sft (Common Area and Car Parking) bounded as follows: East: Joint Wall between this flat and flat no.205 South: Open to Sky West: Open to Sky North: Common passage.

Bank & Auction Details

Bank / Lender
LIC Housing Finance
Branch
LIC Housing Finance Limited, Brindavanam, Nellore - BO
Auction type
SARFAESI Auction
Borrower
Mr. M*** M*****
Auction start
22 Oct 2026, 11:00 AM
Auction end
22 Oct 2026, 01:00 PM
EMD submission deadline
21 Oct 2026, 05:00 PM
Inspection
25 Sep 2026, 10:30 AM – 25 Sep 2026, 04:00 PM
Authorised officer
—
Officer contact
—
View official sale notice

Price Check

This listing's reserve price works out to ₹438 per sq ft. The average across residential bank auctions in Nellore on our site is ₹3,818 per sq ft, so this one is 89% 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 25 Sep 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India (bankeauctions.com)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹3,30,000 before 21 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 22 Oct 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.

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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