1,500 sq ft Residential Plot for Auction in Kancheepuram – DCB

Property Details

Property type

Residential Plot (Residential)

Possession

Physical Possession

Area

1,500 sq ft

Reserve price / sq ft

₹1,620

Locality

—

City

Kancheepuram

State

Tamil Nadu

Address

All that piece and parcel of the property (vacant land) bearing Plot No. 85, "Phoenix City" at Panurti Village Sriperumbudur taluk, Kancheepuram District, Comprised in Survey Nos. 223/20,224/10 & 224/15 measuring 1500 Sq.ft., vide approved layout LP/DTCP (CR) No. 54/2016 dated 20.04.2016 and the land bounded on the: North By: 30 Feet Road, South By: Plot No. 92, East By: Plot No. 84, West By: Plot No. 86. Measuring: East to West on the Northern Side: 30 Feet East to West on the Southern Side: 30 Feet North to South on the Eastern Side: 50 Feet North to South on the Western Side: 50 Feet. Situate within the Sub-Registration District of Walajabad and Registration District of Kancheepuram. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

Nungambakkam Branch

Auction type

SARFAESI Auction

Borrower

Mrs. M***** M*****

Auction start

02 Dec 2026, 11:30 AM

Auction end

02 Dec 2026, 01:00 PM

EMD submission deadline

01 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2468381

Price Check

This listing's reserve price works out to ₹1,620 per sq ft. The average across residential bank auctions in Kancheepuram on our site is ₹3,441 per sq ft, so this one is 53% 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 (4Closure · Listing 2468381), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,43,000 before 01 Dec 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 2 Dec 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.