748 sq ft Land & Building for Auction in Vellore – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

748 sq ft

Reserve price / sq ft

₹4,184

Locality

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City

Vellore

State

Tamil Nadu

Address

All that Piece and Parcel of land and building Plot No: 28 Situated at Pernambut Village, Pernambut Taluk, Vellore District., Measuring69.49 Sq.Mtr or 748 Sq.ft of land comprised in Survey No.93/4 Within theSub-Registration District of Pernambut and Registration District of Vellorewithin the boundaries hereunder: North by: Street South by: PlotNo. 21 East by: PlotNo. 27 West by: PlotNo. 29 Measuring On the Northern Side: 22Ft On the Southern Side: 22Ft On the Eastern Side: 34Ft On the Western Side: 34Ft Admeasuring 748 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

Ambur

Auction type

SARFAESI Auction

Borrower

R S*****

Auction start

16 Oct 2026, 11:00 AM

Auction end

16 Oct 2026, 01:00 PM

EMD submission deadline

15 Oct 2026, 05:30 PM

Inspection

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Authorised officer

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Officer contact

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E-auction portal

bankauctions.in (4Closure) · Listing 2395159

Price Check

This listing's reserve price works out to ₹4,184 per sq ft. The average across residential bank auctions in Vellore on our site is ₹3,474 per sq ft, so this one is 20% 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 (bankauctions.in (4Closure) · Listing 2395159), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,13,000 before 15 Oct 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 16 Oct 2026 starting above the reserve price, in multiples of ₹50,000.
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.