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Auction date awaited. The bank has listed this property for sale but has not scheduled the auction yet. The price shown is the bank's indicative price. Save it or get free alerts — once the auction is announced it will appear in our auction listings with the reserve price, EMD and date.

House SARFAESI Auction Symbolic Possession

1,744 sq feet House for Sale (Bank Auction) in Gobichettipalayam, Erode – Canara

Gobichettipalayam, Erode, Tamil Nadu · Auction ID #54261

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House photo 1
Indicative Price ₹19,62,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area1,744 sq feet

Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
1,744 sq feet (≈ 1,744 sq ft)
Reserve price / sq ft
₹1,125
Locality
Gobichettipalayam
City
Erode
Pincode
638476
Address
GOBICHETTIPALAYAM, Tamil Nadu, 638476 View on map

Description (as per sale notice)

All that part and parcel of the property together with any building thereon situated at Gobichettipalayam Registration district, Kavindapadi Sub Registration District, Bhavani Taluk, Odathurai Village, Nathan New S F No. 344/7 ( Natham RSF No. 706/18), Patta No. 1651, Palappalayam bounded by West by Saroja Chinnasamy house East by remaining land of sagunthala as per patta South by Mariyamman Kovil North by East West Panchayat Road In the P.Ac.0.04 ( 1744 Square feet of land) 162.02 Square meter of land and RCC building there on with Door frames with SC No. 04-017-004-290 bearing door No. 58/7 with mamool way and cart track as per document.

BAANKNET Property ID: CNRB1236002

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
GOBICHETTYPALYAM-1236
Auction type
SARFAESI Auction
Borrower
SINDHUMATHI R
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹1,125 per sq ft. The average across residential bank auctions in Erode on our site is ₹4,345 per sq ft, so this one is 74% 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 CNRB1236002)), 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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