2,424 sq ft Land & Building for Auction in Vellore – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

2,424 sq ft

Reserve price / sq ft

₹1,221

Locality

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City

Vellore

State

Tamil Nadu

Address

Property belongs to Mr. S. Balaji :- All that Piece and Parcel of the land and building situated at Door No.1/28, Dharmaraja Koil Street, Marusur Village, Arani Taluk, Tiruvannamalai District., measuring 2424 Sq. Ft, of land comprised in Old Survey No. 161/1 as per sub division New Survey No. 161/1C and as per Patta New Survey No. 161/2 within the Sub-Registration District of Arani Registration District of Cheyyar within the boundaries hereunder: North by: House of Subramani South by: House of Dhanusu Ammal East by: Garden of Venkatesa Udaiyar West by: Street Measuring On the Northern Side: 96 Ft On the Southern Side: 96 Ft On the Eastern Side: 25 1/4 Ft On the Western Side: 25 1/4 Ft Admeasuring 2424 Sq.Ft., of land and building. (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

—

Auction start

13 Oct 2026

Auction end

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EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

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E-auction portal

AuctionTiger · Auction ID 461276

Price Check

This listing's reserve price works out to ₹1,221 per sq ft. The average across residential bank auctions in Vellore on our site is ₹3,474 per sq ft, so this one is 65% 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 461276), 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 13 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.