191.52 sq yd Residential Plot for Auction in Kakinada – LIC HFL

Property Details

Property type

Residential Plot (Residential)

Possession

Not specified

Area

191.52 sq yd (≈ 1,723 sq ft)

Reserve price / sq ft

₹1,549

Locality

—

City

Kakinada

State

Andhra Pradesh

Address

All the site admeasuring 191.52 Sq.yds or 159.69 Sq.mts being Plot No. 12 A covered by S.No.8/1 of Timmapuram Village and gram panchayat, Layout approved by DTCP vide LP no.42/96, within the limits of Kakinada district and Samalkot Registration Sub-District and and Property Bounded by: East: Road, South: Plot No.10 part, plot no.9 & 9A, West: Plot No. 12, North: Remaining part of Plot No. 12A. 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. C***** U*** B*****

Auction start

19 Nov 2026, 11:00 AM

Auction end

19 Nov 2026, 01:00 PM

EMD submission deadline

18 Nov 2026, 04:00 PM

Inspection

09 Nov 2026, 11:00 AM – 09 Nov 2026, 04:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹1,549 per sq ft. The average across residential bank auctions in Kakinada on our site is ₹1,992 per sq ft, so this one is 22% 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 9 Nov 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 ₹2,67,000 before 18 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 19 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.