1,764 sq ft Land & Building for Auction in Nagapattinam – Equitas SFB

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

1,764 sq ft

Reserve price / sq ft

₹220

Locality

—

City

Nagapattinam

State

Tamil Nadu

Address

All That Piece And Parcel Of Land And Building, Comprised In Natham New S.No. 133/7, Old S.No.133,With An Extent Of 1764 Sq.Ft., Situated At Periya Theru, Seridhiyur Village, Mayiladuthurai Thaluk, Nagapattinam District, Bounded On The Registration district Mayiladuthurai, Registration office -Mayiladuthurai Joint li.,North By: Plot Belongs To Mr. Narayanan, South By: Street East By: Plot Belongs To Mr. Tamilselvan, West By: Plot Belongs To Mr. Thiyagarajan. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Equitas Small Finance Bank

Branch

Equitas Small Finance Bank Ltd. Anna Salai, Chennai - BO

Auction type

SARFAESI Auction

Borrower

Prakash G

Auction start

26 Nov 2026, 11:00 AM

Auction end

26 Nov 2026, 12:30 PM

EMD submission deadline

25 Nov 2026, 05:00 PM

Inspection

04 Nov 2026, 10:00 AM – 18 Nov 2026, 05:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹220 per sq ft. The average across residential bank auctions in Nagapattinam on our site is ₹1,561 per sq ft, so this one is 86% 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 (open notice).
2. Inspect the property on 4 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹38,800 before 25 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 26 Nov 2026 starting above the reserve price, in multiples of ₹10,000.
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.