59 cent Land & Building for Auction in Tiruvallur – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

59 cent (≈ 25,700 sq ft)

Reserve price / sq ft

₹2,868

Locality

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City

Tiruvallur

State

Tamil Nadu

Address

All that Piece and Parcel of land and building situated At Aranvoyal Village, Tiruvallur Taluk, Tiruvallur District, admeasuring 59 Cents or 23.50 Ares of land comprised in Survey No.1/4A2 situate within the Sub-Registration District of Manavalanagar and the Registration District Of Tiruvallur within the boundaries hereunder: North by : Koovam River Poramboke South by : Tiruvallur Poonamallee Road East by : Property of Balanarasimmalu West by : Property of Deepakchand and Vimal chand Admeasuring 59 Cents or 23.50 Ares of land and building View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

Anna Salai, Chennai

Auction type

SARFAESI Auction

Borrower

CHANDRASEKAR K*****

Auction start

08 Dec 2026

Auction end

08 Dec 2026, 01:00 PM

EMD submission deadline

07 Dec 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

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E-auction portal

AuctionTiger · Auction ID 472856

Price Check

This listing's reserve price works out to ₹2,868 per sq ft. The average across residential bank auctions in Tiruvallur on our site is ₹3,678 per sq ft, so this one is 22% 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 472856), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹73,70,000 before 07 Dec 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 8 Dec 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.