1,200 sq ft Commercial Building for Auction in Karur – Repco

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

1,200 sq ft

Reserve price / sq ft

₹3,658

Locality

—

City

Karur

State

Tamil Nadu

Address

All that Piece and Parcel of Land building situated at Karur Registration District, Karur No.1 Joint Sub Registration District, Karur Taluk, Melappalayam Village,S.F.No.783/2B Hec.0.50.76S.F.No.784Hec.0.37.50S.F.No.785/B2 Hec.0.05.66 Total Hec.0.93.92 equal to Acre.2.32 has been divided into house sites and named it as Ambal Garden (The layout has been approved by the DTCP, Karur and in its Approval No.61/2021). In this House Site No.22 measuring 1200 Square feet within the following fourboundaries:West: House Site No.23; East: House Site No.21: North: House Site No.14; and South:33 Feetwide East West Road; Measurements: 30 Feet in East West on the the both both sides; and40 Feet in North-South on the both sides; Total measuring 1200 square feet with RCC Residential building under construction there on with right of the pathway to this land through the registered gift deed dated 23.11.2020(Document No.2184/2020 of No.1 Joint SRO, Karur) and with mamool pathway rights etc., The above said house site has been covered under S.F.No. 783/2B1D Hec.0.1.11 Patta No.1874. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Repco Home Finance

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

08 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 463889

Price Check

This listing's reserve price works out to ₹3,658 per sq ft. The average across commercial bank auctions in Karur on our site is ₹2,985 per sq ft, so this one is 23% 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 463889), 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 8 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.