3,060 sq ft Land & Building for Auction in Karur – DCB

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

3,060 sq ft

Reserve price / sq ft

₹1,601

Locality

—

City

Karur

State

Tamil Nadu

Address

All the piece and parcel of land Karur R.D, Velliyanai Sub-RD, Karur Taluk, Karur District, within the Uppidamangalam Town Panchayat limit, Uppidamangalam East Village, the property situated in Old S.No.205/3, New S.No.205/3A, as per patta No.1938, measuring East-West on both sides 40 feet, South-North on both sides 76. 1/2 feet, totally an extent of 3060 sq.ft equivalent to 284.37 sq.meter of land, within the following four boundaries. South of - East West Road, East of - Land of C. Palaniyappan, North of Land of C. Palaniyappan, West of Land of Ramalingam and Gurusamy. This property with House building bearing D.No. 15/1 (Kaliyappagoundanur, West Street), Electricity connection No. 06007003117, common usual rights, compound wall, water facilities, drainage facilities, pathway and all easement rights. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

Nungambakkam Branch

Auction type

SARFAESI Auction

Borrower

Mr. M***** S

Auction start

23 Oct 2026, 11:30 AM

Auction end

23 Oct 2026, 12:30 PM

EMD submission deadline

22 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2402678

Price Check

This listing's reserve price works out to ₹1,601 per sq ft. The average across residential bank auctions in Karur on our site is ₹3,444 per sq ft, so this one is 54% 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 2402678), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹4,90,000 before 22 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 23 Oct 2026 starting above the reserve price, in multiples of ₹10,000.
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.