8,220 sq ft Land & Building for Auction in Vellore – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

8,220 sq ft

Reserve price / sq ft

₹730

Locality

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City

Vellore

State

Tamil Nadu

Address

All that Piece and Parcel of the land and Building in situatedat Valaiyampattu Village, Vaniyambadi Taluk, Thirupattur District measuring8220 Sq.ft., of Land in Old Survey No. 49/2A1 and New Survey No. 49/2A1A withinthe Sub-Registration District of Vaniyambadi and Registration District of Thiruppattur within the boundaries hereunder:- East by: Canal, Westby: 25Ft Common Vehicle Passage, North by: Propertyof Nayeemullah Hyder, South by: Property of Nayeemullah Hyder, Measuring: On the Northern Side: 206 Ft, On the Southern Side: 205 Ft, On the Eastern Side: 40 Ft. On the Western Side: 40Ft. Admeasuring 8220 Sq.ft, of land and Building. (Symbolic Possession) View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

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Auction type

SARFAESI Auction

Borrower

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Auction start

22 Oct 2026

Auction end

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EMD submission deadline

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Inspection

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Authorised officer

—

Officer contact

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E-auction portal

AuctionTiger · Auction ID 463370

Price Check

This listing's reserve price works out to ₹730 per sq ft. The average across residential bank auctions in Vellore on our site is ₹3,474 per sq ft, so this one is 79% 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 463370), 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 22 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.