Independent research only · Not affiliated with any government, bank, or auction agency · Register, pay, and bid on the official source directly.

Listed2 Nov 2026
Registration and EMD close25 Nov 2026, 5:00 PM IST
Online auctionScheduled 27 Nov 2026, 12:00 PM–1:00 PM IST
Last verified2 Nov 2026
LIC Housing FinanceRegistration open

Fourth floor flat in Neknampur, Ranga Reddy district: LIC Housing Finance auction

A fourth floor flat in Neknampur, Ranga Reddy district, Telangana, listed by LIC Housing Finance Limited under the SARFAESI Act, 2002.

Registration is open now. Reserve ₹86.16 L, EMD ₹8,61,600. Registration and EMD close 25 Nov 2026, 5:00 PM IST.

FlatReserve ₹86.16 LRegister and pay the EMD by 25 Nov 2026

Key facts LIC Housing Finance auction of a fourth floor flat in Neknampur, Ranga Reddy district

Lender
LIC Housing Finance Limited
Status
Registration open
Property
Flat 401
Address
Flat 401, Fourth floor, L & R Constructions, Plots 322, 323, 324 and 325, Neknampur, Gandipet mandal, Ranga Reddy district, Telangana
Building or project
L & R Constructions
Floor
Fourth floor
Flat area including common area and parking
1,680 sq ft
Undivided land share
71 sq yd
Parent site
1,110 sq yd / 927.96 m²
Parking
Included, as the listing describes it
Possession
Physical
Sold under
SARFAESI Act, 2002
Online auction
27 Nov 2026, 12:00 PM–1:00 PM IST
Registration and EMD close
25 Nov 2026, 5:00 PM IST
Reserve price
₹86,16,000
Bidding
See the bidding rules below for increments and extensions
Inspection
31 Oct, 7 Nov and 14 Nov 2026, 10 AM–5 PM IST, by prior appointment
Earnest money (EMD)
₹8,61,600, 10% of the reserve
Listed under
Residential
Official source
LIC Housing Finance listing 244826 on bankeauctions.com
Last verified
2 Nov 2026

Compiled from LIC Housing Finance Limited’s listing 244826 and its linked sale documents on bankeauctions.com, checked on 2 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.

On the numbers

What the “₹86.16 L reserve” means

What LIC Housing Finance’s sale documents say

The reserve is ₹86,16,000, with an EMD of ₹8,61,600. The published submission deadline is 25 Nov 2026, 5:00 PM IST. The highest bid is subject to acceptance under the sale notice.

What BiddingPulse covers

The property, dates, possession, participation requirements, payments and material risks in the linked sale documents, read on 2 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.

Auction summary

Source: LIC Housing Finance listing on bankeauctions.com; lender’s sale documents

LIC Housing Finance Limited is selling a fourth floor flat in Neknampur, Ranga Reddy district, Telangana. 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 ₹86,16,000 and the notice EMD is ₹8,61,600. Submission closes 25 Nov 2026, 5:00 PM IST. The online auction is scheduled for 27 Nov 2026, 12:00 PM–1:00 PM IST. See the bidding rules below for increments and extensions.

Use the official listing below to read the sale notice, register, pay the EMD and bid. Check every figure here against it first.

Auction & payment timeline

Source: LIC Housing Finance listing on bankeauctions.com; lender’s sale documents; SARFAESI sale rules
StageDateWhat it meansSource
Sale notice dated20 Oct 2026Notice dated 20 October; The Hindu edition is 24 October.Sale notice
Listing seen2 Nov 2026First seen on bankeauctions.comListing 244826
Inspection31 Oct, 7 Nov and 14 Nov 2026, 10 AM–5 PM IST, by prior appointmentThe sale notice gives inspection as follows: 31 Oct, 7 Nov and 14 Nov 2026, 10 AM–5 PM IST, by prior appointment. Documents may be inspected on 2 and 9 November, 11 AM–4 PM IST.Sale notice
Registration and EMD close25 Nov 2026, 5:00 PM ISTRegister, pay the EMD and submit your opening offer (usually at least the reserve); bidding itself is in the online auctionListing 244826
Online auction27 Nov 2026, 12:00 PM–1:00 PM ISTSee the bidding rules below for bid increments, extensions and any conflicting instructions.Sale notice
Payment after acceptanceNotice-specific deadlinesRead the payment deadlines and conditions below; the lender’s documents set the dates.Sale documents

Sale, possession and payment terms

Read the requirements and risks from this lot’s sale documents, checked on 2 Nov 2026. Follow the lender’s originals and any later amendment before paying.

Sale documents

What exactly is being sold?

Semi-finished Flat 401 on the fourth floor of L & R Constructions, with columns, roofs and beams, on Plots 322, 323, 324 and 325, Surveys 22/Part, 23, 24, 25 and 26, Neknampur village, Gandipet mandal, Ranga Reddy district, Telangana. The 1,680 sq ft flat area includes common area and car parking.

It carries an undivided land share of 71 sq yd out of the 1,110 sq yd / 927.96 m² parent site. Land boundaries: north, open land and nala; east, south and west, 30-foot road.

Flat boundaries: north and east, open sky; south, lift and open sky; west, 6-foot corridor.

What are the reserve price and EMD for this flat?

The reserve is ₹86,16,000 and the earnest-money deposit (EMD) is ₹8,61,600. The published submission deadline is 25 Nov 2026, 5:00 PM IST. The online auction is a separate event; follow the notice’s payment and document instructions.

Who can bid for this flat, and how do I register?

Register on bankeauctions.com and submit PAN, identity/address proof, EMD transfer evidence and the signed bidder details, declaration and training acknowledgement required by the linked tender pack. EMD is by NEFT/RTGS; the pack does not accept a cheque or demand draft.

Obtain approval before bidding and submit the signed final-price confirmation immediately after the auction. A submitted bid cannot be withdrawn.

Does the bank have possession, and can I inspect it?

The lender’s sale notice says it has taken physical possession. The sale notice gives inspection as follows: 31 Oct, 7 Nov and 14 Nov 2026, 10 AM–5 PM IST, by prior appointment. Documents may be inspected on 2 and 9 November, 11 AM–4 PM IST. Ask LIC Housing Finance’s authorised officer before you pay the EMD.

What do I pay if my bid is accepted?

The linked tender pack requires 25% of the price, including EMD, within the prescribed period of acceptance, but neither it nor the inspected property notice gives that period’s exact clock. Obtain it in writing before bidding.

Pay the remaining 75% within 15 days of sale confirmation, or a written extension. Default can forfeit amounts paid.

Unsuccessful EMD is refunded without interest; no fixed refund period is given.

What other charges or claims could I face?

The purchaser bears applicable tax, stamp duty, registration and other statutory or property dues. Verify title, occupation, encumbrances and the condition of the property before bidding; the reserve does not establish the total acquisition cost.

What are the withdrawal, payment and sale risks?

The sale is as is where is and as is what is, subject to the authorised officer accepting the bid. The lender may cancel or change the process. The property notice and its linked generic tender pack must be read together; obtain written clarification of the payment clock and auction-extension conflict before bidding.

What are the bidding rules?

The portal and tender procedure describe unlimited five-minute extensions, but clause 16 of the same linked tender pack limits them to three. The close shown is scheduled only; ask the authorised officer which rule governs this property.

Verify on the official source

Public LIC Housing Finance listing

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.

Publication record

Every change dated · never silently rewritten
2 Nov 2026
Listing found on bankeauctions.com
Reserve ₹86,16,000, EMD ₹8,61,600, registration by 25 Nov 2026.
Listing 244826

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