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Land SARFAESI Auction

1,610 sq ft Land for Auction in Ramanathapuram – Repco

Ramanathapuram, Tamil Nadu · Auction ID #4317

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Reserve Price ₹48,98,700
EMD (Earnest Money)₹4,89,870
Bid Increment₹25,000
Auction Date 30 Sep 2026, 11:00 AM In 3 days
EMD Last Date 29 Sep 2026, 04:00 PM In 2 days
Area1,610 sq ft

Property Details

Property type
Land (Land & Agricultural)
Possession
Not specified
Area
1,610 sq ft
Reserve price / sq ft
₹3,043
Locality
—

Description (as per sale notice)

Description of property All that piece and parcel of land in Ramanathapuram Registration District, Ramanathapuram District, Ramanathapuram Taluk, SRO, Velipattinam, Ramanathapuram, Pirappanvalasai Group and in Kuppanivalasai Village the hamlet of Erumeni Village, House site to the extent of Cent 20 consisting of 0.04.00 Ares in Sub Division S.No. 61/11, in Patta No. 1516 and with extent of 0.04.00 Ares in Sub DN S.No. 61/4A1B, in Patta No. 1512 and the property with terraced building of D. No. 6/776 and its construction portion of 1610 Sq.ft., which is out of larger extent of 0.68.5 Hectare consisting of 0.40.0 hectare in Sub Division S.No. 61/4A1, in Patta No. 337 and with extent of 0.28.5 Hectare in Sub Division S.No. 61/4A2A, in Patta No. 335 totally 0.68.5 Hectare which is out of the larger extent of 1.84.5 Hectare which is out of the larger extent of 1.84.5 Hectare in S.No. 61/4A. It is Bounded as follows: North : East West pathway and Property in S.No. 61/3A2A South : Property of S. Ramasamy and his brother S. Veluchamy East : Property of S. Veluchamy West : Property of S. Ramasamy and his brothers S. Veluchamy

Bank & Auction Details

Bank / Lender
Repco Home Finance
Branch
Repco Home Finance Ltd, Chennai - HO
Auction type
SARFAESI Auction
Borrower
S. A*****
Auction start
30 Sep 2026, 11:00 AM
Auction end
30 Sep 2026, 12:00 PM
EMD submission deadline
29 Sep 2026, 04:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
View official sale notice

Price Check

This listing's reserve price works out to ₹3,043 per sq ft. The average across land & agricultural bank auctions in Ramanathapuram on our site is ₹7,955 per sq ft, so this one is 62% 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 ₹4,89,870 before 29 Sep 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 30 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 Repco Home Finance. Always verify every detail with the official notice and the authorised officer before paying any money.

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