2,880 sq ft Residential Plot for Auction in Kancheepuram – SIB

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

2,880 sq ft

Reserve price / sq ft

₹8,865

Locality

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City

Kancheepuram

State

Tamil Nadu

Address

All that piece and parcel of land admeasuring 2880 Sq. Ft. bearing plot nos. 30A & 30B with buildings in Manickkam Avenue, together with right to use common facilities, amenities, and all other easementary rights existing and appurtenant thereon situated in S.No. 745/2B, as per Patta New S.No. 745/283 of Madambakkam Village, Tambaram Taluk, Kancheepuram District and owned by Mr. Thomas William Pangaraj, more fully described in Registered Sale Deed No. 7066/2006 dated 10-08-2006 of SRO Tambaram and bounded as follows,North by: Plot no. 29East by: Survey No.744South by: Plot no.31West by: 24 Feet Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Nungambakkam

Auction type

SARFAESI Auction

Borrower

M/s Z***** M***** P***** L*****

Auction start

14 Dec 2026

Auction end

14 Dec 2026, 01:30 PM

EMD submission deadline

11 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

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E-auction portal

AuctionTiger · Auction ID 472284

Price Check

This listing's reserve price works out to ₹8,865 per sq ft. The average across residential bank auctions in Kancheepuram on our site is ₹3,441 per sq ft, so this one is 158% above 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 472284), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹25,53,000 before 11 Dec 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 14 Dec 2026 starting above the reserve price, in multiples of ₹2,00,000.
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.