2.12 acres Commercial Building for Auction in Kilpudupakkam, Tiruvannamalai – Indian Bank

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

2.12 acres (≈ 92,347 sq ft)

Reserve price / sq ft

₹75

Locality

Kilpudupakkam

City

Tiruvannamalai

State

Tamil Nadu

Pincode

604407

Address

Kilpudupakkam, Tamil Nadu, 604407 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

SAM LARGE CHENNAI - 1526

Auction type

SARFAESI Auction

Borrower

M/s. R R A*** T***

Auction start

12 Nov 2026, 11:00 AM

Auction end

12 Nov 2026, 04:00 PM

EMD submission deadline

12 Nov 2026, 04:00 PM

Inspection

05 Nov 2026, 11:00 AM – 06 Nov 2026, 04:00 PM

Authorised officer

SENDRAYAL SELVI SENTHIL

Officer contact

9840287953

E-auction portal

BAANKNET (Property ID IDIB6657895445B)

Price Check

This listing's reserve price works out to ₹75 per sq ft. The average across commercial bank auctions in Tiruvannamalai on our site is ₹7,233 per sq ft, so this one is 99% 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 5 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB6657895445B)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 12 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 12 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.