1,076 sq ft Residential Plot for Auction in Namakkal – DCB

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

1,076 sq ft

Reserve price / sq ft

₹1,069

Locality

—

City

Namakkal

State

Tamil Nadu

Address

All that piece and parcel of land Survey No.50/2B Part, Total Extent 1076 Sq.feethouse site, Door No as per Receipt- 8/116, Namakkal District, Namakkal RD., Thiruchengode SRD., Thiruchengode Taluk, Emapalli Village.. Namakkal Ditrict, Namakkal RD., Thiruchengode SRD., Thiruchengode Taluk, Emapalli Village, Natham Survey No.50/28 Part, [New Survey No.555/17], Door No.8/116, for an extent of 1076 Sq.feet, within the following boundaries:- Murugesan house on the West, South-North panchayat road on the East, Porampokku Lands on the South, Palanisamy house on the North. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

Nungambakkam Branch

Auction type

SARFAESI Auction

Borrower

Mr. P***** T*****

Auction start

02 Dec 2026, 11:30 AM

Auction end

02 Dec 2026, 12:30 PM

EMD submission deadline

01 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2468420

Price Check

This listing's reserve price works out to ₹1,069 per sq ft. The average across residential bank auctions in Namakkal on our site is ₹2,436 per sq ft, so this one is 56% 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 2468420), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,15,000 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.