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House SARFAESI Auction Symbolic Possession

2,340 sq feet House for Auction in Namakkal, Namakkal – Canara

Namakkal, Namakkal, Tamil Nadu · Auction ID #110092

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House for auction in Namakkal, Namakkal – Canara – photo 1
Reserve Price ₹55,00,000 4.4% lower than previous auction (₹57.54 L)
EMD (Earnest Money)—
Bid Increment—
Auction Date 23 Nov 2026, 11:00 AM In 10 days
EMD Last Date 22 Nov 2026, 05:00 PM In 9 days
Area2,340 sq feet
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Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
2,340 sq feet (≈ 2,340 sq ft)
Reserve price / sq ft
₹2,350
Locality
Namakkal
Pincode
637002
Address
NAMAKKAL, Tamil Nadu, 637002 View on map

Description (as per sale notice)

All that piece and parcel of land & building situated Survey No.226/53 ,T.S.No.295/1 Block No.14 Arthanri School Street Ward-C in Periyapatty village Sandhaipettaipudhur within Namakkal Municipality and the Jurisdication of Namakkal Joint 1 Sub Rgistration District and Namakkal Regisration District (a) S.No.295/1 Measuring 30 Feet South to North on both Side, 78 Feet East to West on both sides totaling 2340 Sq.ft in a larger extent of 0.38 acres bounded by: On the North by Rajamani Property, On the South by Rangasamy Property, On the East by Etti Gounder Property, On the West by 20 Feet North South CC Road.

BAANKNET Property ID: CNRB71992782KRIVIS2
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Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALIZED ARM BRANCH, CHENNAI-II
Auction type
SARFAESI Auction
Borrower
KRIVIS T***** A** S*****
Auction start
23 Nov 2026, 11:00 AM
Auction end
23 Nov 2026, 12:00 PM
EMD submission deadline
22 Nov 2026, 05:00 PM
Inspection
16 Nov 2026, 11:00 AM – 16 Nov 2026, 04:00 PM
Authorised officer
N BABITHA VENUGOPAL
Officer contact
9740145622
E-auction portal
BAANKNET (Property ID CNRB71992782KRIVIS2)
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Price Check

This listing's reserve price works out to ₹2,350 per sq ft. The average across residential bank auctions in Namakkal on our site is ₹2,563 per sq ft, so this one is 8% 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.

Previous Auctions of This Property

Auction dateReserve price
23 Nov 2026₹55,00,000This auction
28 Oct 2026₹57,54,000View
30 Sep 2026₹60,57,000View

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 16 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRB71992782KRIVIS2)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 22 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 23 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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