86,023 sq feet Residential Plot for Auction in Karur, Karur – SBI

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

86,023 sq feet (≈ 86,023 sq ft)

Reserve price / sq ft

₹459

Locality

Karur

City

Karur

State

Tamil Nadu

Pincode

639002

Address

KARUR, Tamil Nadu, 639002 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB COIMBATORE-10204

Auction type

SARFAESI Auction

Borrower

PIONEER E*****

Auction start

12 Oct 2026, 11:00 AM

Auction end

12 Oct 2026, 04:00 PM

EMD submission deadline

12 Oct 2026, 03:30 PM

Inspection

24 Sep 2026, 10:00 AM – 09 Oct 2026, 06:00 PM

Authorised officer

MRS.MITHRA SHANMUGAM

Officer contact

7397246738

E-auction portal

BAANKNET (Property ID SBIN400014037893)

Price Check

This listing's reserve price works out to ₹459 per sq ft. The average across residential bank auctions in Karur on our site is ₹3,444 per sq ft, so this one is 87% 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 24 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN400014037893)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 12 Oct 2026, 03:30 PM. It is refunded if you don't win.
5. Bid online on 12 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.