Free Alerts
Land & Building SARFAESI Auction

1,355 sq ft Land & Building for Auction in Gobichettipalayam – Repco

Gobichettipalayam, Tamil Nadu · Auction ID #4374

WhatsApp
Reserve Price ₹34,00,000
EMD (Earnest Money)₹3,40,000
Bid Increment₹25,000
Auction Date 13 Oct 2026, 11:00 AM In 16 days
EMD Last Date 12 Oct 2026, 04:00 PM In 15 days
Area1,355 sq ft

Property Details

Property type
Land & Building (Residential)
Possession
Not specified
Area
1,355 sq ft
Reserve price / sq ft
₹2,509
Locality
—

Description (as per sale notice)

All that piece and parcel of land together with building situated at Erode District, Gobichettypalayam Registration District, Gobichettypalayam Joint II Sub-Registry, Gobichettypalayam Taluk, Kalangiam B Village, comprised in New Re-Survey No.327/1A2, Patta No.1627, Punj. Hec. 0.70.50, for this Punj. Acre 1.74 Vz, has been laid into layout of house sites approved vide No.214/2019 and named as Kubera Nagar; in this, Site No.20 is bounded as follows: East of : Site No.21 South of : 30 feet wide East West layout Road West of : Palaniammal land and Village Natham North of : Site No.19 Admeasuring; East to West on the Northern side : 18 feet 9 inch East to West on the Southern side : 27 feet 3 inch South to North on the Eastern side : 56 feet 8 inch (16 feet 9 inch + 39 feet 9 inch) South to North on the Western side: 55 feet Totally 1355 sq.ft. (125.882 sq.mtrs.). The property has got all mamool, pathway and easement rights thereon. As per sub-division, the property presently comprised in Re-Survey No.327/1A2A1A1. As per Patta New Survey No.327/4, Patta No.2059. Note: There is an attachment vide Doc No. 18/2024 and Doc No.5/2025 and Doc No. 11/2025 as per the orders from 3rd Additional District Court, Gobichettypalayam.

Bank & Auction Details

Bank / Lender
Repco Home Finance
Branch
Repco Home Finance Ltd, Chennai - HO
Auction type
SARFAESI Auction
Borrower
Mr.T.Dhanasekar
Auction start
13 Oct 2026, 11:00 AM
Auction end
13 Oct 2026, 12:00 PM
EMD submission deadline
12 Oct 2026, 04:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
View official sale notice

Price Check

This listing's reserve price works out to ₹2,509 per sq ft. The average across residential bank auctions in Gobichettipalayam on our site is ₹2,509 per sq ft, so this one is 0% 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 ₹3,40,000 before 12 Oct 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 13 Oct 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.

Similar Auctions in Gobichettipalayam

View all

Explore more