Hospital buildings in Chinchwad, Pimpri Chinchwad, Maharashtra, listed by LIC Housing Finance Limited under the SARFAESI Act, 2002.
Registration is open now. Reserve ₹71.10 Cr, EMD ₹7.11 Cr. Registration and EMD close 14 Dec 2026, 5:30 PM IST.
Confirm before paying. The sale notice names four court and tribunal proceedings on this property and makes the sale subject to their orders. Read the litigation clause before paying the ₹7.11 crore EMD.
First seen · Source: LIC Housing Finance listing on bankeauctions.com; lender’s sale documents
Compiled from LIC Housing Finance Limited’s listing 245282 and its linked sale documents on bankeauctions.com, checked on 7 Nov 2026. BiddingPulse is independent research, not affiliated with the lender or bankeauctions.com; follow the lender’s registration and payment instructions. The sale follows the lender’s published process.
The reserve is ₹71,10,00,000, with an EMD of ₹7,11,00,000. The published submission deadline is 14 Dec 2026, 5:30 PM IST. The highest bid is subject to acceptance under the sale notice.
The property, dates, possession, participation requirements, payments and material risks in the linked sale documents, read on 7 Nov 2026. Any conflict or missing detail is identified below. This is not a title or occupancy verification. Names of borrowers and other people are left out.
LIC Housing Finance Limited is selling hospital buildings in Chinchwad, Pimpri Chinchwad, Maharashtra. Its sale notice says the lender has taken physical possession. The property is security for a loan, and the lender is selling it under the SARFAESI Act, 2002, which lets a lender sell a defaulted loan’s security without going to court.
The reserve is ₹71,10,00,000 and the notice EMD is ₹7,11,00,000. Submission closes 14 Dec 2026, 5:30 PM IST. The online auction is scheduled for 15 Dec 2026, 11:00 AM–4:00 PM IST. See the bidding rules below for increments and extensions. Inspection is set for 2 Dec 2026, 11:00 AM IST to 3 Dec 2026, 5:00 PM IST.
Use the official listing below to read the sale notice, register, pay the EMD and bid. Check every figure here against it first.
| Stage | Date | What it means | Source |
|---|---|---|---|
| Sale notice dated | 3 Nov 2026 | The sale notice is dated 3 November 2026 and its corrigendum 4 November 2026. BiddingPulse first saw this listing on 6 November 2026. | Sale notice |
| Listing seen | 6 Nov 2026 | First seen on bankeauctions.com | Listing 245282 |
| Inspection | 2 Dec 2026, 11:00 AM IST to 3 Dec 2026, 5:00 PM IST | The notice gives 2 and 3 December 2026, 11:00 AM–5:00 PM IST, for inspection of the property, and the same dates for photocopies of the property documents at LIC HFL’s Jeevan Shree office, University Road, Shivajinagar, Pune 411016. | Sale notice |
| Registration and EMD close | 14 Dec 2026, 5:30 PM IST | Register, pay the EMD and submit your opening offer (usually at least the reserve); bidding itself is in the online auction | Listing 245282 |
| Online auction | 15 Dec 2026, 11:00 AM–4:00 PM IST | See the bidding rules below for bid increments, extensions and any conflicting instructions. | Sale notice |
| Payment after acceptance | Notice-specific deadlines | Read the payment deadlines and conditions below; the lender’s documents set the dates. | Sale documents |
Read the requirements and risks from this lot’s sale documents, checked on 7 Nov 2026. Follow the lender’s originals and any later amendment before paying.
Two hospital buildings sold together: Building A with 33,143.00 sq ft and Building B with 67,262.40 sq ft built-up area, as stated in LIC HFL’s corrigendum of 4 November 2026. They stand on City Survey Nos. 4742 and 4742/1 to 23 (part), behind Jaihind Petrol Pump, Chinchwad, Pune, Maharashtra 411019.
The notice gives no land area. The operating company’s name, which is also the borrower’s, is left out for privacy.
Personal names left out for privacy.
The reserve is ₹71,10,00,000 and the earnest-money deposit (EMD) is ₹7,11,00,000. The published submission deadline is 14 Dec 2026, 5:30 PM IST. The online auction is a separate event; follow the notice’s payment and document instructions.
Register on bankeauctions.com with your own email address and obtain a user ID and password from the e-auction service provider. Submit the online tender or bid with the EMD by 14 December 2026, 5:30 PM IST; the notice marks this “Online Mode only”.
Its later paragraph also says LIC HFL invites offers in sealed covers, so confirm the accepted route with the authorised officer before paying. Once registered as a qualified tenderer with the authorised officer, a bidder confirms interest on the bidding platform.
The notice does not set out age, nationality, residency or entity eligibility; registration alone does not establish eligibility.
The lender’s sale notice says it has taken physical possession. Arrange and confirm inspection with the authorised officer; see the auction and payment timeline for the full inspection note. Ask LIC Housing Finance’s authorised officer before you pay the EMD.
The successful bidder deposits 25% of the sale price, after adjusting the EMD, within 24 hours of the authorised officer’s acceptance; otherwise the EMD is forfeited. The balance 75% is payable within 15 days of sale confirmation, at the officer’s discretion.
Failure to pay forfeits the amount deposited without further notice. Unsuccessful bidders’ deposits are refunded without interest; no refund date is given.
The sale certificate issues only in the successful bidder’s name after the full price is received.
Bidders buy on caveat-emptor terms and must check encumbrances, statutory liabilities, property-tax, income-tax, excise and labour dues, and electricity and maintenance arrears.
The buyer bears municipal taxes, maintenance and society charges, electricity and water charges, stamp duty, registration and other outgoings on top of the price, and the transfer charges on the sale certificate.
The notice lists four pending or dismissed proceedings concerning this property: securitisation applications SA No. 151 of 2026 and SA No. 224 of 2025 before the DRT, Pune; Miscellaneous Appeal No. 1298 of 2026 before the DRAT, Mumbai (the notice adds “appeal dismissed in IA 497/2026 in MA 1298/2026”); and ULP No. 156 of 2026 before the Industrial Court, Pune.
It says the sale is subject to any subsisting orders of those courts and tribunals, and asks bidders to examine the pleadings and their current status. LIC HFL took physical possession on 29 September 2026 under sections 13(4) and 14.
The sale is as-is and subject to LIC HFL’s confirmation; it may cancel, alter or postpone the sale without reason.
The notice fixes the minimum bid increment at ₹25,00,000. After tenders are opened, bidders at or above the reserve may be allowed to raise their bids at the authorised officer’s discretion. bankeauctions.com shows unlimited five-minute extensions, so 4:00 PM is a scheduled end.
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Check the latest notice and any amendments before paying. Follow the registration, payment and bidding instructions above and in the lender’s documents. BiddingPulse accepts no registrations, deposits or bids.
Open this property’s bankeauctions.com page, then View NIT. The public download works from the ordinary page session; it failed when opened without that session. Match reserve ₹71,10,00,000 and EMD ₹7,11,00,000. In the bundle, read the 3 November Indian Express notice and the 4 November corrigendum that gives the two building areas.
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