244 sq m Land & Building for Auction in Nagapattinam – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

244 sq m (≈ 2,626 sq ft)

Reserve price / sq ft

₹952

Locality

—

City

Nagapattinam

State

Tamil Nadu

Address

All that piece and parcel of land with building In Property is a house bearing Door No.4/58, having Assessment No.255, correlated with Old Door No.47/2, constructed upon a land measuring anextent of 244 Square Meter., comprised in New Natham S.No. 145/1, correlated withOld Natham S.No. 145/1, bearing Patta No.92, situated at Neermulai Village, Thirukkuvalai Taluk, Nagapattinam Revenue District, within the limits of Neermulai Panchayat, within the jurisdiction of Thiruthuraipoondi Subregistration District, Nagapattinam Registration District and bounded on the North by: House site belonged to Jeganathapillai; East by: Road; West by: Nanjai land belonged toSanthanampillai Vagaiyara, South by: Land belonged to Arulanandhampillai Vagaiyara; In which a land measuring anextent of 244 Square Meter., of land and building thereon with all amenities. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

Melakkal Main Branch

Auction type

SARFAESI Auction

Borrower

VINOTH I***** A

Auction start

09 Oct 2026, 11:00 AM

Auction end

09 Oct 2026, 01:00 PM

EMD submission deadline

08 Oct 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2382805

Price Check

This listing's reserve price works out to ₹952 per sq ft. The average across residential bank auctions in Nagapattinam on our site is ₹2,439 per sq ft, so this one is 61% 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 2382805), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,50,000 before 08 Oct 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 9 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.