11,932 sq ft Residential Plot for Auction in Erode – Repco

Property Details

Property type

Residential Plot (Residential)

Possession

Not specified

Area

11,932 sq ft

Reserve price / sq ft

₹114

Locality

—

City

Erode

State

Tamil Nadu

Address

All the part and parcel of property situated at Erode Registration District, Chennimalai Sub Registration District, Perundurai Taluk, Mugasipidariyur Village, Old S.F.Nos. 474, 475 & 476, New R.S.No.21, Punj Hectare 1.49.5, sub-divided R.S.Nos. 21/2, 22/9, 22/10 & 22/11. The subject land bearing Site No.50, Southern portion, measuring 11932 square feet comprised in R.S.No.21/2 is bounded as follows:South of : House Site No.50, Northern portionNorth of House Site No.51 Park East of 23 feet width North South layout RoadWest of House Site No.49Admeasuring East West on the North 43.6 feet, East West on the South 44.6 feet, North South on the East 27 feet, North South on the West 27.3 feet, totally 1193 half square feet or 110.88 square metre. along with pathway rights through North South and East West layout Roads in Saravanam Puthur layout, to use Cart-track, passage and common right over Park and other common places mentioned in Gift Deed Doc. No.4439/2020 donated in favour of Mugasi Pidariyur Panchayat Board.The said property is comprised in R.S.No.21/2 within the limit of Mugasi Pidariyur Panchayat Board. The layout has been formed in an extent of P.Ac.2.55 and half plus 0.182 PAc.2.74 comprised in R.S.Nos. 21/2, 22/9, 22/10 & 22/11 and named as Saravanam Puthur. Regularized approval by Deputy Director of Town and Country Planning, Erode Region vide File No.1585/2020/E Ma 3 dated 30.12.2020 and DTCP approved vide Ma Va E Ma Varanmurai No.37/2020 and approved by Chennimalai Pa View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Repco Home Finance

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

16 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 464515

Price Check

This listing's reserve price works out to ₹114 per sq ft. The average across residential bank auctions in Erode on our site is ₹4,407 per sq ft, so this one is 97% 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 464515), 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 16 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.