2 cent Land & Building for Auction in Tirunelveli – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

2 cent (≈ 871 sq ft)

Reserve price / sq ft

₹7,691

Locality

—

City

Tirunelveli

State

Tamil Nadu

Address

All that piece and parcel of land and building in Thenkasi Registration District, Joint 1 Thenkasi Sub-Registration District, within limits of Elanji Town Pachayath, Elanji Village Ayan Punjai S.F.No.598/2 in Northern Side Punjai Acre 2 Cent 98 of land was developed into a layout in the name of I.S.Chellappa Nagar, Site No.23, ad measuring 1650 Sq.ft or 153.28 Sq.mtr of land, Elanji Town panchayat Ward No. 14, Kuttralam Madurai Road, Door No.4/1, building and others, within the following boundaries and measurements: North: Thondaiman Kulathukkuy via Canal, South: 23 feet Wide East West Road, East By: Site. No 24 House belonging to lyappan, West By: Site. No.22, In this middle Admeasuring 1650 Sq.ft or (153.28 Sq.mtr) of land together with usual rights to roads and common path ways etc., The Above Property is comprised at present sub division S.F.No.598/2A1A1. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

09 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 463720

Price Check

This listing's reserve price works out to ₹7,691 per sq ft. The average across residential bank auctions in Tirunelveli on our site is ₹2,484 per sq ft, so this one is 210% 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 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 463720), 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 9 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.