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Flat SARFAESI Auction

1,125 sq ft Flat for Auction in Sangareddy – LIC HFL

Sangareddy, Telangana · Auction ID #79998

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Reserve Price ₹50,63,000
EMD (Earnest Money)₹5,06,300
Bid Increment₹10,000
Auction Date 23 Oct 2026, 12:00 PM In 22 days
EMD Last Date 21 Oct 2026, 05:00 PM In 20 days
Area1,125 sq ft

Property Details

Property type
Flat (Residential)
Possession
Not specified
Area
1,125 sq ft
Reserve price / sq ft
₹4,500
Locality
—

Description (as per sale notice)

All that the Flat No 302 in Third Floor known as "VR Elite Royal Grand" constructed on open land in Survey No's. 296/ /1, 296//2, 296//3 and 300/2, having built up area of 1125Sq.ft (including area) and one car parking along with an undivided share of land admeasuring 39 Sq.Yds (out of total admeasuring 2876 Sq. Yds) roof covered with RCC Situated at Ameenpur Village, Ameenpur Municipality, Ameenpur Mandal, Sanga Reddy District, Telangana belonging to Mrs. Pandem Sanatha and Mr. K. Vineeth Reddy Regd. Vide Sale Deed Doc No. 2016/2023 dated 24.04.2023 and bounded by: Boundaries for Entire Property: North: Agri Land in Survey No. 295, South: Agri. Land in Survey No. 300/Part, East: 30' Wide Road. West: Agri. Land in Survey No. 300/Part/296/Part. Boundaries for Flat: North: Lift, Open to Sky and Flat No. 303, South: Open to Sky & Flat No. 301, East: Corridor, West: Open to Sky.

Bank & Auction Details

Bank / Lender
LIC Housing Finance
Branch
LIC Housing Finance Limited, Madhapur, Hyderabad - BO
Auction type
SARFAESI Auction
Borrower
Pandem S*****
Auction start
23 Oct 2026, 12:00 PM
Auction end
23 Oct 2026, 01:00 PM
EMD submission deadline
21 Oct 2026, 05:00 PM
Inspection
04 Oct 2026, 10:00 AM – 18 Oct 2026, 05:00 PM
Authorised officer
—
Officer contact
—
View official sale notice

Price Check

This listing's reserve price works out to ₹4,500 per sq ft. The average across residential bank auctions in Sangareddy on our site is ₹3,983 per sq ft, so this one is 13% 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 4 Oct 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 ₹5,06,300 before 21 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 23 Oct 2026 starting above the reserve price, in multiples of ₹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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