8 cent Land & Building for Auction in Erode – Repco

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

8 cent (≈ 3,484 sq ft)

Reserve price / sq ft

₹553

Locality

—

City

Erode

State

Tamil Nadu

Address

All the Part and Parcel of the property in Erode Registration District, in Chennimalai Sub-Registration District, in Perundurai Taluk, in Attavanai Pidariyur Village, in SF No.108,R.S.No.309/2,309/3, measuring an extent of 1274 S.q.ft, house sites was formed namely "Sri Chennimalaiandavar Nagar" in this Layout Site No.26 situated within following boundaries:-Boundaries:-site No.25 North-HouseSouth-lands in R.S.No.309/1West 23 feets wide North-South roadEast -House site No.09some of Finance feets In which admeasuring East-West on Northern side 40.1 feets, Southern side 40 feets; North-South on Western side 30.9 feets, Eastern side 33 feets an extent of 1274 Sq.feets (118.36 Sq.Meters) with pathway rights from East-West Thar road adjacent to South of layout, North-South layout roads formed in Sri Chennimalaiandavar Nagar and pathway rights as mentioned in the gift deed 2602/2019 registered before Chennimalai Sub-Registry right to common utility of park, common area and as usual pathway rights and other rights View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Repco Home Finance

Branch

Perundurai Branch

Auction type

SARFAESI Auction

Borrower

Mrs S V*****

Auction start

29 Dec 2026, 11:00 AM

Auction end

29 Dec 2026, 12:00 PM

EMD submission deadline

28 Dec 2026, 04:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2468727

Price Check

This listing's reserve price works out to ₹553 per sq ft. The average across residential bank auctions in Erode on our site is ₹3,651 per sq ft, so this one is 85% 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 2468727), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,92,800 before 28 Dec 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 29 Dec 2026 starting above the reserve price, in multiples of ₹15,000.
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.