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Land SARFAESI Auction

176 sq ft Land for Auction in Vellore – Hero Housing

Vellore, Tamil Nadu · Auction ID #4311

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Reserve Price ₹40,00,000
EMD (Earnest Money)₹4,00,000
Bid Increment₹25,000
Auction Date 29 Sep 2026, 11:00 AM In 2 days
EMD Last Date 28 Sep 2026, 05:00 PM Tomorrow
Area176 sq ft

Property Details

Property type
Land (Land & Agricultural)
Possession
Not specified
Area
176 sq ft
Reserve price / sq ft
₹22,727
Locality
—

Description (as per sale notice)

All That Piece And Parcel of Property Old S.no.448/21, New S.no. 666/7 Door No: 59 & 59/a Sathuachari Natham Village, Velloredistrict, And Within The Jurisdiction of Sro, Vellore, Boundaries : North: Property of Natarajan, South: Property of Subramani, West: Street, East: 2nd Measurement : 1st Measurement East To West 44 Ft, North To South 4 Ft Total 176 Sq. Ft. 2nd Measurment East To West 39 Ft North To South Eastern Side 19 ¼ Ft, Western Side 20 Ft Total 765 ½ Sq. Ft. The Total Extent Is 941 ¼ Sq. Feet.

Bank & Auction Details

Branch
Hero Housing Finance Limited, Gurugram - BO
Auction type
SARFAESI Auction
Borrower
Kannan M
Auction start
29 Sep 2026, 11:00 AM
Auction end
29 Sep 2026, 05:00 PM
EMD submission deadline
28 Sep 2026, 05:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
View official sale notice

Price Check

This listing's reserve price works out to ₹22,727 per sq ft. The average across land & agricultural bank auctions in Vellore on our site is ₹43,974 per sq ft, so this one is 48% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India (bankeauctions.com)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹4,00,000 before 28 Sep 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 29 Sep 2026 starting above the reserve price, in multiples of ₹25,000.
  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.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Hero Housing Finance. Always verify every detail with the official notice and the authorised officer before paying any money.

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