2,755 sq feet House for Auction in Palladam, Tiruppur – BOB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

2,755 sq feet (≈ 2,755 sq ft)

Reserve price / sq ft

₹4,574

Locality

Palladam

City

Tiruppur

State

Tamil Nadu

Pincode

641664

Address

PALLADAM, Tamil Nadu, 641664 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Baroda

Branch

REGIONAL SARB, COIMBATORE - 5988

Auction type

SARFAESI Auction

Borrower

sathya R

Auction start

07 Dec 2026, 02:00 PM

Auction end

07 Dec 2026, 06:00 PM

EMD submission deadline

07 Dec 2026, 06:00 PM

Inspection

05 Dec 2026, 10:00 AM – 05 Dec 2026, 04:00 PM

Authorised officer

Harish.P

Officer contact

9538993885

E-auction portal

BAANKNET (Property ID BARB59882026000035)

Price Check

This listing's reserve price works out to ₹4,574 per sq ft. The average across residential bank auctions in Tiruppur on our site is ₹2,881 per sq ft, so this one is 59% 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 5 Dec 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID BARB59882026000035)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 07 Dec 2026, 06:00 PM. It is refunded if you don't win.
5. Bid online on 7 Dec 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.