958 sq feet Residential Plot for Auction in Dharmapuri – IOB

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

958 sq feet (≈ 958 sq ft)

Reserve price / sq ft

₹3,967

Locality

—

City

Dharmapuri

State

Tamil Nadu

Pincode

636701

Address

Dharmapuri, Tamil Nadu, 636701 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Overseas Bank

Branch

PALAKKODU-DHARMAPURI-2782

Auction type

SARFAESI Auction

Borrower

M M A*****

Auction start

07 Oct 2026, 11:00 AM

Auction end

07 Oct 2026, 05:00 PM

EMD submission deadline

07 Oct 2026, 03:00 PM

Inspection

22 Sep 2026, 11:00 AM – 06 Oct 2026, 05:00 PM

Authorised officer

Chithra Priya

Officer contact

8925952782

E-auction portal

BAANKNET (Property ID IOBA278202)

Price Check

This listing's reserve price works out to ₹3,967 per sq ft. The average across residential bank auctions in Dharmapuri on our site is ₹2,136 per sq ft, so this one is 86% above 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 22 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IOBA278202)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 07 Oct 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 7 Oct 2026 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.