2,870 sq feet House for Auction in Bhuvanagiri, Cuddalore – Indian Bank

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

2,870 sq feet (≈ 2,870 sq ft)

Reserve price / sq ft

₹7,684

Locality

Bhuvanagiri

City

Cuddalore

State

Tamil Nadu

Pincode

608602

Address

Bhuvanagiri, Tamil Nadu, 608602 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

BHUVANAGIRI - 866

Auction type

SARFAESI Auction

Borrower

RAM K**** T*****

Auction start

12 Oct 2026, 10:00 AM

Auction end

12 Oct 2026, 04:00 PM

EMD submission deadline

12 Oct 2026, 02:00 PM

Inspection

21 Sep 2026, 11:00 AM – 05 Oct 2026, 04:00 PM

Authorised officer

Mr. Srikumar

Officer contact

9042436705

E-auction portal

BAANKNET (Property ID IDIB881960353)

Price Check

This listing's reserve price works out to ₹7,684 per sq ft. The average across residential bank auctions in Cuddalore on our site is ₹2,669 per sq ft, so this one is 188% 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 21 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB881960353)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 12 Oct 2026, 02:00 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.