5.5 hectare Office for Auction in Theni – Ujjivan SFB

Property Details

Property type

Office (Commercial)

Possession

Not specified

Area

5.5 hectare (≈ 5,92,014 sq ft)

Reserve price / sq ft

₹5

Locality

—

City

Theni

State

Tamil Nadu

Address

All that piece and parcel of the Property situated in Theni District, Periyakulam Registration District, Aandipatti Sub - Registration Office, Aandipatti Village, Survey No. 702/4 to an extent of 0.05.5 Hectare equivalent to 14 Cents of Property divided in to various House Plots in which Plot No. 25 to an extent of 2256.3/4 Sq. feet within the following boundaries: North: 20 feet East-West Common Pathway; East: Plot No. 26; West: Property sold by Velmurugan; South: Plot No. 17. Within which property measuring East-West 37 feet on the North and 39% feet on the South, North-South 59 feet on the West and 59 feet on the East, totally to an extent of 22564 Sq.feet equivalent to 209.66 Sq. Mt of vacant site in which constructed a house building bearing Door No. A/ 498, in Property Tax Assessment No. 1322 and its deposits and other amenities. Measuring in all 22564 Sq.feet with all buildings and structures thereon. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Ujjivan Small Finance Bank

Branch

Ujjivan Small Finance Bank, Karnataka - BO (Immovable Prop.)

Auction type

SARFAESI Auction

Borrower

Mr. T*****

Auction start

26 Nov 2026

Auction end

26 Nov 2026, 12:00 PM

EMD submission deadline

25 Nov 2026, 05:00 PM

Inspection

24 Nov 2026, 10:00 AM – 24 Nov 2026, 05:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 472887

Price Check

This listing's reserve price works out to ₹5 per sq ft. The average across commercial bank auctions in Theni on our site is ₹2,021 per sq ft, so this one is 100% 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 24 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (AuctionTiger · Auction ID 472887), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,86,000 before 25 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 26 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.