7,872 sq feet Commercial Building for Auction in Puducherry – Canara

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

7,872 sq feet (≈ 7,872 sq ft)

Reserve price / sq ft

₹3,200

Locality

—

City

Puducherry

State

Puducherry

Pincode

605009

Address

Puducherry, 605009 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

SPECIALIZED ARM BRANCH, CHENNAI-II

Auction type

SARFAESI Auction

Borrower

SHRIRAM P**** S***** P** L**

Auction start

30 Nov 2026, 11:00 AM

Auction end

30 Nov 2026, 12:00 PM

EMD submission deadline

29 Nov 2026, 10:00 PM

Inspection

23 Nov 2026, 11:00 AM – 23 Nov 2026, 04:00 PM

Authorised officer

BABITHA VENUGOPAL

Officer contact

9740145622

E-auction portal

BAANKNET (Property ID CNRB27425647SHRIRAM1)

Price Check

This listing's reserve price works out to ₹3,200 per sq ft. The average across commercial bank auctions in Puducherry on our site is ₹3,105 per sq ft, so this one is 3% above 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 23 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB27425647SHRIRAM1)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 29 Nov 2026, 10:00 PM. It is refunded if you don't win.
5. Bid online on 30 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.