See the bidding rules below for increments and extensions
Inspection
18 Nov 2026, 11:00 AM–1:00 PM IST — confirm access; see the auction and payment timeline
Earnest money (EMD)
₹14,41,500, 10% of the reserve
Listed under
Residential building
Official source
IndusInd Bank listing 245518 on bankeauctions.com
Last verified
10 Nov 2026
Compiled from IndusInd Bank’s listing 245518 and its linked sale documents on bankeauctions.com, checked on 10 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 “₹1,44,15,000 reserve” means
What IndusInd Bank’s sale documents say
The reserve is ₹1,44,15,000, with an EMD of ₹14,41,500. The published submission deadline is 19 Nov 2026, 4:00 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 10 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: IndusInd Bank listing on bankeauctions.com; lender’s sale documents
IndusInd Bank is selling a house in Padmanabha Colony, Peddapuram, Andhra Pradesh. 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 ₹1,44,15,000 and the notice EMD is ₹14,41,500. Submission closes 19 Nov 2026, 4:00 PM IST. The online auction is scheduled for 20 Nov 2026, 10:00 AM–11:00 AM IST. See the bidding rules below for increments and extensions. Inspection is set for 18 Nov 2026, 11:00 AM–1:00 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.
Auction & payment timeline
Source: IndusInd Bank listing on bankeauctions.com; lender’s sale documents; SARFAESI sale rules
Stage
Date
What it means
Source
Sale notice dated
27 Oct 2026
The inspected notice is dated 27 October 2026. BiddingPulse first recorded this listing on 10 November; that is later discovery, not a new sale launch.
Sale notice
Listing seen
10 Nov 2026
First seen on bankeauctions.com
Listing 245518
Inspection
18 Nov 2026, 11:00 AM–1:00 PM IST
Arrange access with the lender before attending the notice’s published inspection window. Physical possession does not establish vacancy or an unrestricted visit.
Sale notice
Registration and EMD close
19 Nov 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 245518
Online auction
20 Nov 2026, 10:00 AM–11:00 AM IST
See the bidding rules below for bid increments, extensions and any conflicting instructions.
Read the requirements and risks from this lot’s sale documents, checked on 10 Nov 2026. Follow the lender’s originals and any later amendment before paying.
Sale documents
What exactly is being sold?
RCC ground-plus-two-floor house, Door 4-1-48, Padmanabha Colony, Kummari Vardi Veedhi, Ward 3, Peddapuram village, municipality, mandal and Sub-Registrar, Andhra Pradesh. Site 289.33 sq yd in Plots 41 and 42 of LP 119/99, Town Survey 1-1-10/1, old Survey 839; Sale Deed 1067/2013 dated 28 March 2013.
The notice uses the former East Godavari district description; Peddapuram is now in Kakinada district. Boundaries: road east (47 ft 4 in), Plot 40 south (55 ft), Plots 34/35 west (47 ft 4 in), remaining Plot 42 north (55 ft).
Parent-land notation is printed “Ac 4.10 cents”, within “6.75½ cents” and “Ac 13.51 cents”; it is not converted into the offered site’s area. The house’s floor area is not stated.
Personal names left out for privacy.
What are the reserve price and EMD for this house?
The reserve is ₹1,44,15,000 and the earnest-money deposit (EMD) is ₹14,41,500. The published submission deadline is 19 Nov 2026, 4:00 PM IST. The online auction is a separate event; follow the notice’s payment and document instructions.
Who can bid for this house, and how do I register?
Register on bankeauctions.com with an active email address and PAN, complete training and submit the online bid, KYC and EMD evidence. A signed sealed copy with payment proof must also reach the IndusInd office at Begumpet, Hyderabad, identified in the signed notice by the entry cutoff.
Personal participation or an authorised agent is allowed subject to the required authority and identity documents. The signed notice accepts demand draft or NEFT/RTGS, while generic platform terms say NEFT/RTGS only; confirm the accepted route before payment.
Registration alone does not establish eligibility. The signed annexure requires an additional legal-competence affidavit from people residing abroad, NRIs, PIOs and dual-citizenship bidders, plus the stated passport evidence.
It does not itself guarantee eligibility to acquire the property.
Does the bank have possession, and can I inspect it?
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 IndusInd Bank’s authorised officer before you pay the EMD.
What do I pay if my bid is accepted?
The signed round-specific conditions require 25% of the sale price, including EMD, immediately after auction closure, and the remaining 75% within 15 days from the auction date, unless the authorised officer permits an extension in writing.
The generic platform kit instead refers to acceptance/sale confirmation; obtain the dated demand and comply with the earlier applicable obligation. Failure revokes the sale, forfeits amounts paid and can lead to resale.
Unsuccessful EMD is returned after auction closure without interest; no fixed day count is promised.
What other charges or claims could I face?
The purchaser bears statutory and non-statutory dues, property taxes, electricity and water charges, stamp duty, registration, transfer and incidental costs. The bank does not guarantee the property is free from encumbrances; independently check title, access and liabilities.
What are the withdrawal, payment and sale risks?
This is an as-is sale, subject to the authorised officer’s confirmation. Physical possession, where expressly stated, does not establish vacancy or title quality.
Inspect the property and documents. The bank can reject, defer or cancel the sale; payment default can forfeit the sums paid.
The signed terms say the English version prevails over a vernacular difference.
What are the bidding rules?
The signed notice provides five-minute extensions. The generic attached kit describes both unlimited five-minute extensions and a maximum of three. Confirm the applicable limit with IndusInd; the scheduled close may extend.
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 public listing and choose View NIT to read the sale notice and attached bid documents.