147 acre Land for Auction in Tiruppur – SBI

Property Details

Property type

Land (Land & Agricultural)

Possession

Not specified

Area

147 acre (≈ 64,03,320 sq ft)

Reserve price / sq ft

₹1

Locality

—

City

Tiruppur

State

Tamil Nadu

Address

Land and Residential Building located at Tirupur Registration District, Avinashi SRO, Tirupur District Avinashi Taluk, Thirumurugan Poondi Town Panchayat, Rakkiyapalayam village in S.F.No 147 acres 0.43 located South of SF No 148, North of SF No 146/1, East of SF No 136 and West of the below mentioned land Measuring 0.43 Acre (Hec 0.17.4). Further SF No 146/1 acres 7.94 in this acres 1.57 (Patta No 57) located South of SF No 148 North of Land belonging to Venkatachalam and his co shares East of the above said land and SF No 146/1 and West of SF No 145/2 Measuring acres 1.57 (Hec 0.63.5) Total extent of both fileds acres 2.00 (Hec 0.80.5) converted into layout house sites and named as Eden Garden in this Site No 13 located North of 25 feet wide East West Layout Road South of Site No 16, West of Site No 14 and East of Site No 12 Measuring 30feet in East West on both sides, 55 feet in North South on both sides, Total extent 1650 sq.feet(153.34 Sq.mtr) with RCC building bearing Door No 13, SC No 03-166-009-479 and water tap connection No 7301 with a right to enjoy and layout roads and with all appurtenances. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

State Bank of India, Home Loan Centre, Tirupur - BO

Auction type

SARFAESI Auction

Borrower

Mr.P.POOVARAGHAVAN

Auction start

05 Oct 2026, 11:00 AM

Auction end

05 Oct 2026, 12:00 PM

EMD submission deadline

03 Oct 2026, 04:00 PM

Inspection

24 Sep 2026, 11:00 AM – 24 Sep 2026, 04:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹1 per sq ft. The average across land & agricultural bank auctions in Tiruppur on our site is ₹785 per sq ft, so this one is 100% 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 24 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹4,18,900 before 03 Oct 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 5 Oct 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.