2,520 sq ft Land & Building for Auction in Vellore – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

2,520 sq ft

Reserve price / sq ft

₹2,579

Locality

—

City

Vellore

State

Tamil Nadu

Address

All that piece and parcel of house and house site bearing Plot No.25 and 26, Ragavendra Nagar, Comprised in Survey No.461, New S.No. 461/2B, as Per Patta S.No.461/2B1A1A1 situated at Arcot to Arni Road, Villapakkam Village, Arcot Taluk, Vellore District, measuring to an extent of 2520 Square feet. Bounded on North by: Property belongs to Mannu Mudaliar, South by: 16 feet Width Layout Road, East by: Arani to Arcot Road, West by: Plot No.24, In between the house house site measuring East to West 60 feet on both Sides and North to South 42 feet on both Sides and totally admeasuring 2520 Square feet with building including electricity service connection and its deposits. The property is within Registration District of Arakkonam and the Sub-Registration District of Arcot. (Symbolic Possession) View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

Tirupattur

Auction type

SARFAESI Auction

Borrower

Kuppan A*****

Auction start

06 Oct 2026, 11:00 AM

Auction end

06 Oct 2026, 01:00 PM

EMD submission deadline

05 Oct 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

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E-auction portal

bankauctions.in (4Closure) · Listing 2396765

Price Check

This listing's reserve price works out to ₹2,579 per sq ft. The average across residential bank auctions in Vellore on our site is ₹3,474 per sq ft, so this one is 26% 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 (bankauctions.in (4Closure) · Listing 2396765), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹6,50,000 before 05 Oct 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 6 Oct 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.