900 sq feet House for Auction in Namakkal, Namakkal – Canara

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

900 sq feet (≈ 900 sq ft)

Reserve price / sq ft

₹1,111

Locality

Namakkal

City

Namakkal

State

Tamil Nadu

Pincode

637001

Address

NAMAKKAL, Tamil Nadu, 637001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

SALEM FORT MAIN-1217

Auction type

SARFAESI Auction

Borrower

KANDASAMY. K

Auction start

30 Nov 2026, 11:30 AM

Auction end

30 Nov 2026, 12:30 PM

EMD submission deadline

27 Nov 2026, 05:00 PM

Inspection

21 Nov 2026, 11:00 AM – 21 Nov 2026, 04:00 PM

Authorised officer

Arvind Kumar M

Officer contact

9655522599

E-auction portal

BAANKNET (Property ID CNRB117917116)

Price Check

This listing's reserve price works out to ₹1,111 per sq ft. The average across residential bank auctions in Namakkal on our site is ₹2,436 per sq ft, so this one is 54% 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.

Previous Auctions of This Property

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 21 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB117917116)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 27 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 30 Nov 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.