Commercial Building for Sale (Bank Auction) in Tirunelveli – IOB

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Locality

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City

Tirunelveli

State

Tamil Nadu

Pincode

627357

Address

Tirunelveli, Tamil Nadu, 627357 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Overseas Bank

Branch

NARANAMMALPURAM-1388

Auction type

Bank Auction

Borrower

N M*****

Auction start

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Auction end

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EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

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E-auction portal

BAANKNET (Property ID IOBA138800002)

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 IOBA138800002)), 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.