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Residential Plot SARFAESI Auction Symbolic Possession

2,400 sq feet Residential Plot for Sale (Bank Auction) in Periyakulam, Theni – Canara

Periyakulam, Theni, Tamil Nadu · Auction ID #52723

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Residential Plot photo 1 Residential Plot photo 2 Residential Plot photo 3
Indicative Price ₹2,47,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area2,400 sq feet

Property Details

Property type
Residential Plot (Residential)
Possession
Symbolic Possession
Area
2,400 sq feet (≈ 2,400 sq ft)
Reserve price / sq ft
₹103
Locality
Periyakulam
City
Theni
Pincode
625601
Address
PERIYAKULAM, Tamil Nadu, 625601 View on map

Description (as per sale notice)

Property No.4 Periyakulam RD., Periyakulam No.1, Joint Sub Dist., Periyakulam Taluk, A.Kamatchipuram Village, Ayan survey converted into at present House sites Survey No:110/1A 0.07.0 Ares - 0.17 cent and other places jointed prepared layout divided into house plots, Plot No.186 and Plot No 187. Boudaries: North by: Main Road West by: Main Road South by: Plot number 185 AND 188 East by: Layout Road Within this East west 80 feet, North South 30 feet totally measuring 2400sq.feet - 222.96 sq. meter House Vacant site, with a common right in the common Road. That the house plot lies within Survey No:110/1A, at present there is no building.

BAANKNET Property ID: CNRB6291112335223004

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
MADURAI SPECIALISED ARM BRANCH
Auction type
SARFAESI Auction
Borrower
M/s A*** M***** E***** A** F*****
Auction start
—
Auction end
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EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
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Price Check

This listing's reserve price works out to ₹103 per sq ft. The average across residential bank auctions in Theni on our site is ₹1,574 per sq ft, so this one is 93% 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 (BAANKNET (Property ID CNRB6291112335223004)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on — starting above the reserve price.
  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 Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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