34 sq yd Flat for Auction in Vizianagaram – LIC HFL

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

34 sq yd (≈ 306 sq ft)

Reserve price / sq ft

₹5,490

Locality

—

City

Vizianagaram

State

Andhra Pradesh

Address

An undivided and unspecified share of 34 sq.yds out of 600 sq.yds along with RCC roofed residential Flat measuring 840 sft bearing flat no F2 in First floor of Shanti Towers, constructed in plot no.10 & 11, situated in Srinivasa Nagar, K L Puram village and gram panchayat, Vizianagaram mandal, Vizianagaram west Sub Registration District and the Property Bounded by: East: Layout road, South: Plot No.14 & 15, West: Plot No.9, North: Layout road. Boundaries of Flat No. F-2 in First Floor: East: Flat No.F-1, South: Corridor and Flat No.F5, West: Flat No.F3, North: Open to sky. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

LIC Housing Finance

Branch

LIC Housing Finance Limited, Thikkanna Road, Visakhapatnam - BO

Auction type

SARFAESI Auction

Borrower

Mr. K***** G***** K*****

Auction start

12 Nov 2026, 11:00 AM

Auction end

12 Nov 2026, 01:00 PM

EMD submission deadline

11 Nov 2026, 04:00 PM

Inspection

19 Oct 2026, 11:00 AM – 19 Oct 2026, 04:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹5,490 per sq ft. The average across residential bank auctions in Vizianagaram on our site is ₹2,455 per sq ft, so this one is 124% 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 19 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,68,000 before 11 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 12 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.