50 sq m Land & Building for Auction in Virudhunagar – KVB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

50 sq m (≈ 538 sq ft)

Reserve price / sq ft

₹3,112

Locality

—

City

Virudhunagar

State

Tamil Nadu

Address

Residential Land and Building Situated at Virudhunagar District, Kunoor Sub Registration Office, Watrap Union, Valaiyapatti Village, Old N s No. 954/1 part New Natham S no 1139/8, Door No 1/14 Measuring, As per Deed, East West on the North 5.6 m and on the South 5.4 m, North South on Both sides 6.4 m totally 50 sq.m i.e 538 sq.ft with usual Pathway Right. As per Actual, East West on the North 5.18 m and on the South 5.18 m, North South on Both sides 8.15 m totally 42.22 sq.m ie 454.29 sq.ft with usual Pathway Right. Bounded by: North: S.no 1139/7 house and vacant site of Ayakkalai son of Muthiah Thevar, South S.no 1139/9, Government Porambokku Street, East: S.no 1138 Street, West: S.no 1139/5 house site of Udaiyammal wife of Subbiah Thevar View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Karur Vysya Bank

Branch

Srivilliputtur Branch

Auction type

SARFAESI Auction

Borrower

Mr. S*****

Auction start

22 Oct 2026, 11:00 AM

Auction end

22 Oct 2026, 12:00 PM

EMD submission deadline

21 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2391971

Price Check

This listing's reserve price works out to ₹3,112 per sq ft. The average across residential bank auctions in Virudhunagar on our site is ₹2,550 per sq ft, so this one is 22% 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 2391971), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,67,500 before 21 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 22 Oct 2026 starting above the reserve price, in multiples of ₹25,000.
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.