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Residential Plot SARFAESI Auction

788 sq yd Residential Plot for Auction in Medchal-Malkajgiri – LIC HFL

Medchal-Malkajgiri, Telangana · Auction ID #82156

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Reserve Price ₹43,75,000
EMD (Earnest Money)₹4,37,500
Bid Increment₹10,000
Auction Date 28 Oct 2026, 12:00 PM In 25 days
EMD Last Date 26 Oct 2026, 05:00 PM In 23 days
Area788 sq yd

Property Details

Property type
Residential Plot (Residential)
Possession
Not specified
Area
788 sq yd (≈ 7,092 sq ft)
Reserve price / sq ft
₹617
Locality
—

Description (as per sale notice)

SCHEDULE FOR LAND: All that the Open Plot Nos. 29 and 30 in Sy. No. 725 Part, admeasuring 788 Sq. Yds., or 658.8 Sq. Mtrs., situated at Korremula Village, under 43 Pocharam Municipality (Erstwhile Korremula Gram Panchayath) Ghatkesar Mandal, Medchal- Malkajgiri District, and bounded by:North: Plot No. 28, South:40' Feet Wide Road, East:25' Feet Wide Road, West:Neighbour's Land SCHEDULE FOR THE FLAT: All that the Semi finished Flat No. 503 in 5 Floor, of "GVR Padarise" with Plinth area of 1080 Sft., (including common areas) and Car Parking area 100 Sft., together with undivided share of land admeasuring 37,5 Sq. Yds., or 31.35 Sq. Mtrs., out of total land admeasuring 788 Sq. Yds., being constructed on Plot Nos. 29 and 30 in Sy. No. 725 Part, situated at Korremula village, under Pocharam Municipality (Erstwhile Korremula Gram Panchayat), Ghatkesar Mandal, Medchal-Malkajgiri District, under SRO Narapally, belonging to Sri Mamidala Venkata Naga Sree Krishna Kishore and Smt. Mamidala Sireesha, W/o. Sri Mamidala Venkata Naga Sree Krishna Kishore, registered vide Sale Deed Document No. 11113/2024 dated: 30,11,2024 and bounded by:North:Open to Sky M

Bank & Auction Details

Bank / Lender
LIC Housing Finance
Branch
LIC Housing Finance Limited, Madhapur, Hyderabad - BO
Auction type
SARFAESI Auction
Borrower
Mr. M***** V***** N*** S*** K***** K*****
Auction start
28 Oct 2026, 12:00 PM
Auction end
28 Oct 2026, 01:00 PM
EMD submission deadline
26 Oct 2026, 05:00 PM
Inspection
30 Sep 2026, 10:00 AM – 14 Oct 2026, 05:00 PM
Authorised officer
—
Officer contact
—
View official sale notice

Price Check

This listing's reserve price works out to ₹617 per sq ft. The average across residential bank auctions in Medchal-Malkajgiri on our site is ₹10,694 per sq ft, so this one is 94% 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 30 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 ₹4,37,500 before 26 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 28 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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