3,488 sq ft Land & Building for Auction in Ramanathapuram – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

3,488 sq ft

Reserve price / sq ft

₹1,118

Locality

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City

Ramanathapuram

State

Tamil Nadu

Address

Descriptions of the property/Properties: All that Piece and parcel of land with building in Ramanathapuram Regn District, Kadaladi Sub Regn District, Melakidaram Group, Melakidaram Village, Patta No. 1883, S.No.134/6D Part, New Patta No. 10235 New S.No. 134/10 an extent of 3488 square feet (8 cents) from north eastern side of 0.84.5 Hec., house site with R.C.C building within the four boundaries: Four Boundaries: North: Vacant house site belongs to Murugavel, South: Vacant house site belongs to Murugavel, East Vacant house site belongs to Paramasivam and Maduraiveeran Servai, West: 6 feet Southnorth Pathway. (Symbolic Possession) View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

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Auction type

SARFAESI Auction

Borrower

—

Auction start

10 Dec 2026

Auction end

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EMD submission deadline

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Inspection

—

Authorised officer

—

Officer contact

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E-auction portal

AuctionTiger · Auction ID 471419

Price Check

This listing's reserve price works out to ₹1,118 per sq ft. The average across residential bank auctions in Ramanathapuram on our site is ₹2,914 per sq ft, so this one is 62% 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 471419), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 10 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.