House for Sale (Bank Auction) in Arcot, Ranipet – IOB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Locality

Arcot

City

Ranipet

State

Tamil Nadu

Pincode

632503

Address

Arcot, Tamil Nadu, 632503 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Overseas Bank

Branch

RANIPET-INDUSTRIAL COMPLEX-438

Auction type

SARFAESI Auction

Borrower

G K S**** N***** B***

Auction start

—

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

BAANKNET (Property ID IOBA203800122)

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 IOBA203800122)), 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.