86,023 sq feet Residential Plot for Auction in Karur, Karur – SBI

Property Details

Property type

Residential Plot (Residential)

Possession

Physical Possession

Area

86,023 sq feet (≈ 86,023 sq ft)

Reserve price / sq ft

₹414

Locality

Karur

City

Karur

State

Tamil Nadu

Pincode

639002

Address

KARUR, Tamil Nadu, 639002 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB COIMBATORE-10204

Auction type

SARFAESI Auction

Borrower

PIONEER E*****

Auction start

02 Dec 2026, 11:00 AM

Auction end

02 Dec 2026, 04:00 PM

EMD submission deadline

02 Dec 2026, 03:30 PM

Inspection

04 Nov 2026, 10:00 AM – 01 Dec 2026, 04:00 PM

Authorised officer

MITHRA S

Officer contact

7397246738

E-auction portal

BAANKNET (Property ID SBIN400014037893)

Price Check

This listing's reserve price works out to ₹414 per sq ft. The average across residential bank auctions in Karur on our site is ₹3,362 per sq ft, so this one is 88% 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

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 4 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN400014037893)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 02 Dec 2026, 03:30 PM. It is refunded if you don't win.
5. Bid online on 2 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.