56.56 cent Commercial Building for Auction in Thanjavur – SIB

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

56.56 cent (≈ 24,637 sq ft)

Reserve price / sq ft

₹286

Locality

—

City

Thanjavur

State

Tamil Nadu

Address

All that piece and parcel of land measuring 56.56 cents comprised in S.No.178/2B (Old S.No.178/2) in Eripurakkarai Village, Pattukottai Taluk, Adirampattinam Sub-Reigstration District, Thanjavur District in Patta No.1861 with a commercial building together with all other rights and improvements therein in the name of Mr.Subramanian V. and the property being more fully described in the registered sale deed No.2053/2014 dated 24-12-2014 registered with Adirampattinam SRO and bounded as follows:North of A J Amanulla and his brothers Nanjai,East of A J Amanulla and his brothers Nanjai,West of Nilaviyai Vaikkal,South of Road. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

06 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 463702

Price Check

This listing's reserve price works out to ₹286 per sq ft. The average across commercial bank auctions in Thanjavur on our site is ₹2,526 per sq ft, so this one is 89% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (AuctionTiger · Auction ID 463702), 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 6 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.