A ground floor flat in Shalimar Garden Extension-2, Sahibabad, Uttar Pradesh, listed by LIC Housing Finance Limited under the SARFAESI Act, 2002.
Registration is open now. Reserve ₹30.50 L, EMD ₹3.05 L. Registration and EMD close 4 Dec 2026, 4:00 PM IST.
Confirm before paying. LIC HFL’s letter says physical possession, but the enclosed sale notice says symbolic. Read the risk answer before paying the EMD.
First seen · Source: LIC Housing Finance listing on bankeauctions.com; lender’s sale documents
Compiled from LIC Housing Finance Limited’s listing 245288 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 ₹30,50,000, with an EMD of ₹3,05,000. The published submission deadline is 4 Dec 2026, 4:00 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 a ground floor flat in Shalimar Garden Extension-2, Sahibabad, Uttar Pradesh. Its sale notice conflicts on physical versus symbolic possession; obtain written confirmation from the lender. 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 ₹30,50,000 and the notice EMD is ₹3,05,000. Submission closes 4 Dec 2026, 4:00 PM IST. The online auction is scheduled for 5 Dec 2026, 11:00 AM–12:00 PM IST. See the bidding rules below for increments and extensions. Inspection is set for 3 Dec 2026, 11:00 AM–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 | 29 Oct 2026 | The signed notice letter is dated 29 October 2026. BiddingPulse first saw this listing on 6 November 2026. | Sale notice |
| Listing seen | 6 Nov 2026 | First seen on bankeauctions.com | Listing 245288 |
| Inspection | 3 Dec 2026, 11:00 AM–5:00 PM IST | The notice gives 3 December 2026 for inspection of the property and documents at LIC HFL’s Ghaziabad area office in Kaushambi. | Sale notice |
| Registration and EMD close | 4 Dec 2026, 4:00 PM IST | Register, pay the EMD and submit your opening offer (usually at least the reserve); bidding itself is in the online auction | Listing 245288 |
| Online auction | 5 Dec 2026, 11:00 AM–12:00 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.
MIG Flat G-4 on the ground floor of B-72, Block B, Shalimar Garden Extension-2, Sahibabad, Ghaziabad, Uttar Pradesh 201005. The notice gives an area of 69.67 sq m without saying which kind. A 40-foot road is on the east and a service lane on the west; Plot No. 73B is on the north and Plot No. 71B on the south.
Personal names left out for privacy.
The reserve is ₹30,50,000 and the earnest-money deposit (EMD) is ₹3,05,000. The published submission deadline is 4 Dec 2026, 4:00 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.
Offers with the EMD can go online through bankeauctions.com with scanned KYC documents including PAN and address proof, or in a sealed cover with the bid form, EMD and KYC documents delivered to LIC HFL’s Ghaziabad area office, F-205, 2nd Floor, Aditya Plaza II, Sector 14 Commercial Complex, Kaushambi, Ghaziabad 201010.
Either way the EMD and documents must arrive by 4 December 2026, 4:00 PM IST. The authorised officer then registers qualified tenderers.
The notice does not state age, nationality, residency or entity rules; registration alone does not establish eligibility.
The matched sale notice contains conflicting statements about physical and symbolic possession. Obtain written confirmation of actual possession and occupation from the lender before paying.
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, immediately on acceptance of the offer; otherwise the EMD is forfeited. The remaining 75% is due within 15 days of sale confirmation, at the authorised officer’s discretion.
Failure to pay the balance forfeits the amount paid without further notice. Unsuccessful bidders’ deposits are refunded without interest; no refund date is given.
The sale certificate is issued only after the full price is received.
Bidders buy on caveat-emptor terms and must check encumbrances, statutory liabilities, property-tax arrears and electricity and maintenance dues. The buyer bears municipal taxes, society maintenance, electricity and water charges, stamp duty and registration over and above the price.
LIC HFL accepts no responsibility for charges or liabilities pending on the property.
The two LIC documents conflict on possession. The 29 October letter says LIC HFL took physical possession under section 14 on 26 July 2019 and lists the property as in its physical possession; the enclosed e-auction sale notice says symbolic possession was taken.
Obtain written confirmation of who occupies the flat before paying. 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 initial increment at ₹10,000 per bid, which the authorised officer may change during bidding. bankeauctions.com shows unlimited five-minute extensions, so the end time is scheduled, not final.
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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. In the bundle, open the sale-notice letter for Flat G-4 and match reserve ₹30,50,000.
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