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House SARFAESI Auction Symbolic Possession

1,562 sq feet House for Sale (Bank Auction) in Senthamangalam, Namakkal – BOM

Senthamangalam, Namakkal, Tamil Nadu · Auction ID #53292

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House photo 1
Indicative Price ₹41,31,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area1,562 sq feet

Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
1,562 sq feet (≈ 1,562 sq ft)
Reserve price / sq ft
₹2,645
Locality
Senthamangalam
Pincode
637409
Address
Senthamangalam, Tamil Nadu, 637409 View on map

Description (as per sale notice)

(The property covered under the Regd. Gift Settlement Deed Doc. No. 1825/2024 dated 09.08.2024 of SRO Erumappatti) In Namakkal District, Namakkal Registration District, Erumappatti Sub Registration District, Thottamudaiyampatti Village, Sy.No. 29/2A2, Dry.Ext.Hec. 22.08.0, in Ac. 54.59 cents, Asst. Rs. 33.85, in this New Sub division Patta No. 514, Sy.No. 29/2A2A, Dry.Ext.Hec. 10.22.0, Asst. Rs. 15.70, in this Ac. 1.00 cents, out of this measuring an extent of Ac. 0.75 cents of land bounded as follows:- To the South of Land belongs to Mr. Saravanan, To the North of Land belongs to Mr. Janarthanan, To the East of South to North wide Road and Land belongs to Mrs. Jayanthi, To the West of Remaining Land belongs to Mrs. Gunavathi. In the midst measuring:- East to West on North side 49.2 meter, on the South side 90 meter, on this West side 49.2 meter, on this North side 13 meter, on this East side 28 meter, on this North side 35 meter, on this West side 30 meter, on this North side 27.2 meter, totally measuring an extent of 3037.90 Sq.meter (or) Ac. 0.75 cents of land with RCC Building Proposed to be constructed thereon along with common way and all easement rights. The above said property comes under the Village Panchayat limits of Thottamudayampatty and Union Council of Erumappatti.

BAANKNET Property ID: MAHBPARTHASARATHY

Bank & Auction Details

Bank / Lender
Bank of Maharashtra
Branch
SALEM-MAIN ROAD
Auction type
SARFAESI Auction
Borrower
G P*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹2,645 per sq ft. The average across residential bank auctions in Namakkal on our site is ₹2,634 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.
  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 MAHBPARTHASARATHY)), 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 Bank of Maharashtra. Always verify every detail with the official notice and the authorised officer before paying any money.

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