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Land SARFAESI Auction

23.04 cent Land for Auction in Nellore – IndusInd

Nellore, Andhra Pradesh · Auction ID #2895

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Reserve Price ₹1,50,00,000
EMD (Earnest Money)₹15,00,000
Bid Increment₹1,00,000
Auction Date 23 Oct 2026, 11:00 AM In 23 days
EMD Last Date 22 Oct 2026, 06:00 PM In 22 days
Area23.04 cent

Property Details

Property type
Land (Land & Agricultural)
Possession
Not specified
Area
23.04 cent (≈ 10,036 sq ft)
Reserve price / sq ft
₹1,495
Locality
—

Description (as per sale notice)

Exclusive charge by way of mortgage on All the piece and parcel of vacant site measuring 40 Ankanams or 267.560 Sq.Mts being the Plot No.135 in S.No.458 461 of Kondayapalem as per Layout Plan approved as per L.P.No. 35/2003/N (This revises L.P.No.17/2003-N) by the Director of Town & Country planning, Hyd. in respect of Ac. 23.04 Cents comprising S.No. 2041/1 of Nellore bit-I, S.No. 78 & 79 of Vedayapalem and S.No. 458/2, 459, 460, 461, 462, 463, 464, 465 of Kondayapalem relating to Nellore Registration Sub-District & Nellore Registration District Bounded by: East : 40 ft Wide Layout Road (This side measurement 40 ft) South Plot no.136 (This side measurement 72 ft) West: Plot no.126 (This side measurement 40 ft) North Plot no.134 (This side measurement 72 ft) Within these boundaries the above said site 40 Ank.s or 320 Sq.yards vacant site together with all easement rights.

Bank & Auction Details

Bank / Lender
IndusInd Bank
Branch
IndusInd Bank Limited, Embassy Heights, Bangalore - BO
Auction type
SARFAESI Auction
Borrower
M/s A***** A*****
Auction start
23 Oct 2026, 11:00 AM
Auction end
23 Oct 2026, 12:00 PM
EMD submission deadline
22 Oct 2026, 06:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
View official sale notice

Price Check

This listing's reserve price works out to ₹1,495 per sq ft. The average across land & agricultural bank auctions in Nellore on our site is ₹2,338 per sq ft, so this one is 36% 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 the inspection date given in the notice 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 ₹15,00,000 before 22 Oct 2026, 06:00 PM. It is refunded if you don't win.
  5. Bid online on 23 Oct 2026 starting above the reserve price, in multiples of ₹1,00,000.
  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 IndusInd Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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