976.25 sq feet House for Auction in Auroville, Viluppuram – Indian Bank

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

976.25 sq feet (≈ 976 sq ft)

Reserve price / sq ft

₹1,875

Locality

Auroville

City

Viluppuram

State

Tamil Nadu

Pincode

605101

Address

Auroville, Tamil Nadu, 605101 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

VILLIANUR - 285

Auction type

SARFAESI Auction

Borrower

V S*****

Auction start

20 Nov 2026, 12:00 PM

Auction end

20 Nov 2026, 04:00 PM

EMD submission deadline

19 Nov 2026, 05:00 PM

Inspection

13 Nov 2026, 10:00 AM – 19 Nov 2026, 04:00 PM

Authorised officer

R PREMKUMAR

Officer contact

9442204635

E-auction portal

BAANKNET (Property ID IDIB00244781235)

Price Check

This listing's reserve price works out to ₹1,875 per sq ft. The average across residential bank auctions in Viluppuram on our site is ₹2,562 per sq ft, so this one is 27% 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.
2. Inspect the property on 13 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB00244781235)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 19 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 20 Nov 2026 starting above the reserve price.
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.