Land & Building SARFAESI Auction Symbolic Possession

4,021 sq ft Land & Building for Auction in Tiruvallur – Chola

Tiruvallur, Tamil Nadu · Auction ID #112817

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Reserve Price ₹31,00,000
EMD (Earnest Money)₹3,10,000
Bid Increment₹50,000
Auction Date 11 Dec 2026 In 27 days
EMD Last Date 10 Dec 2026, 05:30 PM In 26 days
Area4,021 sq ft
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Property Details

Property type
Land & Building (Residential)
Possession
Symbolic Possession
Area
4,021 sq ft
Reserve price / sq ft
₹771
Locality
—
Address
Descriptions of the property/Properties: Property belongs to Mr. P. Balan (Applicant):- All that Piece and Parcel of the land and building situated at Melpakkam Village, Meenakshi Nagar Main Road, Avadi Taluk, Thiruvallur District admeasuring 4021 Sq. Ft of land comprised in Patta No. 30 as per Patta Old Survey No.103/2 Part, New Survey No. 105/15, situate within the Sub-Registration District of Avadi and the Registration District of South Chennai within the boundaries hereunder: North by: Vacant Land, South by: Road, East by: Vacant land of Rajeshwari, West by: Property of Raja, Measuring: East to West on the Northern side: 21 Ft, East to West on the Southern side: 21 Ft, North to South on the Eastern side: 196 Ft, North to South on the Western side: 187 Ft, Admeasuring 4021 Sq. Ft land and building. (Symbolic Possession) View on map

Description (as per sale notice)

Descriptions of the property/Properties: Property belongs to Mr. P. Balan (Applicant):- All that Piece and Parcel of the land and building situated at Melpakkam Village, Meenakshi Nagar Main Road, Avadi Taluk, Thiruvallur District admeasuring 4021 Sq. Ft of land comprised in Patta No. 30 as per Patta Old Survey No.103/2 Part, New Survey No. 105/15, situate within the Sub-Registration District of Avadi and the Registration District of South Chennai within the boundaries hereunder: North by: Vacant Land, South by: Road, East by: Vacant land of Rajeshwari, West by: Property of Raja, Measuring: East to West on the Northern side: 21 Ft, East to West on the Southern side: 21 Ft, North to South on the Eastern side: 196 Ft, North to South on the Western side: 187 Ft, Admeasuring 4021 Sq. Ft land and building. (Symbolic Possession)
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Bank & Auction Details

Branch
Kancheepuram
Auction type
SARFAESI Auction
Borrower
P B****
Auction start
11 Dec 2026
Auction end
11 Dec 2026, 01:00 PM
EMD submission deadline
10 Dec 2026, 05:30 PM
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
AuctionTiger · Auction ID 471221
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Price Check

This listing's reserve price works out to ₹771 per sq ft. The average across residential bank auctions in Tiruvallur on our site is ₹3,678 per sq ft, so this one is 79% 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.
  2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (AuctionTiger · Auction ID 471221), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹3,10,000 before 10 Dec 2026, 05:30 PM. It is refunded if you don't win.
  5. Bid online on 11 Dec 2026 starting above the reserve price, in multiples of ₹50,000.
  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.

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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 Cholamandalam Investment and Finance Company. Always verify every detail with the official notice and the authorised officer before paying any money.

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