2,400 sq ft Land & Building for Auction in Vellore – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

2,400 sq ft

Reserve price / sq ft

₹1,667

Locality

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City

Vellore

State

Tamil Nadu

Address

All that piece and parcel of Land and building of House site bearing Plot No.25, comprised in Survey No.51/1, as per Patta S.No.51/56 situated at Vannivedu village, Walajah Nagar, Walajah taluk and Ranipet District, measuring to an extent of 2400 sq.ft, Bounded on: North of - Plot No.39 & 40, South of-Road, East of - Plot No.26, West of - Plot No.24, In between the house and house site measuring: East to west 40 feet on both sides and North to south 60 feet on both sides and totally admeasuring 2400 sqft R.C.C. building including electricity service connection and its deposits. The property is within registration district of Ranipet and the sub-registration district of Walajah. (Physical 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

06 Oct 2026

Auction end

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EMD submission deadline

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Inspection

—

Authorised officer

—

Officer contact

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E-auction portal

AuctionTiger · Auction ID 463357

Price Check

This listing's reserve price works out to ₹1,667 per sq ft. The average across residential bank auctions in Vellore on our site is ₹3,474 per sq ft, so this one is 52% 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 463357), 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 6 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.