907 sq ft Land & Building for Auction in Ranipet – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

907 sq ft

Reserve price / sq ft

₹85,006

Locality

—

City

Ranipet

State

Tamil Nadu

Address

Property No. 1 Property Belongs to Mr. V. Vadivel (Applicant) and Mrs. K. Yamini Yogalakshmi (Co-Applicant):- Item No.1:- All the Piece and parcel of land and building measuring an extent of 0.12 1/2 cent comprised in Old Survey No.202/2 New Survey No.202/2B, Arapakkam Village, Walaja Taluk, Ranipet District and the land being bounded on the:- North by - Survey No. 198 South by - Road East by - Survey No.201 West by - Survey No.202/28 Measuring an extent of 0.12 1/2 Cent Item No.2 -All the Piece and parcel of land and building measuring an extent of 0.04 cent comprised in Old Survey No.202/2 New Survey No.202/28, Arapakkam Village, Walaja Taluk, Ranipet District and the land being bounded on the :- North by - Survey No. 198 belongs to Balan South by - Road in Survey No.206 East by - Property belongs to V.Vadivel, K.Yamini Yogalakshmi West by - Survey No.202/2B belongs to Kalaiarasi, Mohan, Arun and Jeevitha Measuring an extent of 0.04 Cent Situated within the Registration District of Ranipet and Sub-Registration District of ARCO. Note: Full Description will be available in the Sale Notice. 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

V V*****

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

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2395157

Price Check

This listing's reserve price works out to ₹85,006 per sq ft. The average across residential bank auctions in Ranipet on our site is ₹3,685 per sq ft, so this one is 2207% 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 2395157), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹77,10,000 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 ₹1,00,000.
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.