1,200 sq ft House for Auction in Tiruppur – DCB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

1,200 sq ft

Reserve price / sq ft

₹3,000

Locality

—

City

Tiruppur

State

Tamil Nadu

Address

Tiruppur registration district in Palladam Sub registration District in Palladam Taluk Palladam Panchayat Union in K.Ayyampalayam Village Panjayat bored limits in K Ayyamapalayam village in SF.17, p.hec.2.01.0(p.ac 4.97), S.F.18, P.hec.0.58.0 (p.ac1.43), SF.20, P.hec 0.49.0 (p.ac.1.22)1, S.F.22, p.hec 0.32.5, P.ac.0.80) S.F.310/2A, P.hec 0.08.5 (p.ac.0.21) Totally p.ac.21.40 in this Field divided the property as house sites and putting layout named as M.V.S. NAGAR as per the layout plan DTCP has been approved by Coimbatore executive oficer vide it Document no.598/2018, as per the plan site no.404 Bounded as follows :Boundaries: North of: 23 Feet East West layout Road, South of : No 367, East of : 23 Feet North South Layout Road, West of :Site No.403.Measurements :East to West Northern Side -30 Feet, East to West Southern Side -30 Feet, North to South Eastern Side - 40 Feet, North to South Western Side-40 Feet. Admeasuring 1200 Sq.ft extent of Vacant Land with regular Pathway rights in above said layout and regular roads. This property is located in S.F.18 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

Nungambakkam Branch

Auction type

SARFAESI Auction

Borrower

Mr S***** S**** R*****

Auction start

08 Oct 2026, 11:30 AM

Auction end

08 Oct 2026, 12:30 PM

EMD submission deadline

07 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2402904

Price Check

This listing's reserve price works out to ₹3,000 per sq ft. The average across residential bank auctions in Tiruppur on our site is ₹3,725 per sq ft, so this one is 19% 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 2402904), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,60,000 before 07 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 8 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.