1,500 sq ft Residential Plot for Auction in Kancheepuram – TIIC

Property Details

Property type

Residential Plot (Residential)

Possession

Not specified

Area

1,500 sq ft

Reserve price / sq ft

₹1,296

Locality

—

City

Kancheepuram

State

Tamil Nadu

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Tamil Nadu Industrial Investment Corporation

Branch

The Tamilnadu Industrial Investment Corp. Ltd, Tiruvallur - BO

Auction type

SARFAESI Auction

Borrower

M/s. R***** I*****

Auction start

02 Dec 2026, 11:00 AM

Auction end

02 Dec 2026, 01:00 PM

EMD submission deadline

30 Nov 2026, 04:30 PM

Inspection

26 Nov 2026, 11:00 AM – 26 Nov 2026, 04:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹1,296 per sq ft. The average across residential bank auctions in Kancheepuram on our site is ₹3,498 per sq ft, so this one is 63% 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 26 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 ₹1,95,000 before 30 Nov 2026, 04:30 PM. It is refunded if you don't win.
5. Bid online on 2 Dec 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.