13,068 sq ft Land for Auction in Tiruppur – SIB

Property Details

Property type

Land (Land & Agricultural)

Possession

Not specified

Area

13,068 sq ft

Reserve price / sq ft

₹1,148

Locality

—

City

Tiruppur

State

Tamil Nadu

Address

All that part and parcel of land admeasuring 13068 Sq.Ft along with all other constructions,improvements,right of pathway and cart-track.other easementary rights existing and appurtenant thereon under S.F.No.702/6 Subdivison S.F.No. 702/6A of Pongalur Panchayat Union, Vavipalayam Village, Palladam Taluk, Tirupur District and owned by Mrs Krishnavenni S, more fully described in Registered Sale Deed Nos.22379/2022 dated 10.11.2022 of Sub Registrar Office Palladam and bounded on (as per Title Deed). North: Property of P Rathinasamy East: Property of P Rathinasamy South: Property of Kanagaraj View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

South Indian Bank Ltd, Coimbatore - BO

Auction type

SARFAESI Auction

Borrower

M/s.Sansay T*****

Auction start

25 Nov 2026, 02:00 PM

Auction end

25 Nov 2026, 03:00 PM

EMD submission deadline

24 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹1,148 per sq ft. The average across land & agricultural bank auctions in Tiruppur on our site is ₹750 per sq ft, so this one is 53% 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 (open notice).
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 (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹15,00,000 before 24 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 25 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.