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Land & Building SARFAESI Auction Physical Possession

2,400 sq ft Land & Building for Auction in Ranipet – Chola

Ranipet, Tamil Nadu · Auction ID #79560

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Reserve Price ₹40,00,000
EMD (Earnest Money)₹4,00,000
Bid Increment₹50,000
Auction Date 06 Oct 2026, 11:00 AM In 6 days
EMD Last Date 05 Oct 2026, 05:30 PM In 5 days
Area2,400 sq ft

Property Details

Property type
Land & Building (Residential)
Possession
Physical Possession
Area
2,400 sq ft
Reserve price / sq ft
₹1,667
Locality
—
Address
All that piece and parcel of Land and building of House site bearing Plot No.25, comprised in Survey No.51/1, as per Patta S.No.51/56 situated at Vannivedu village, Walajah Nagar, Walajah taluk and Ranipet District, measuring to an extent of 2400 sq.ft, Bounded on: North of - Plot No.39 & 40, South of-Road, East of - Plot No.26, West of - Plot No.24, In between the house and house site measuring: East to west 40 feet on both sides and North to south 60 feet on both sides and totally admeasuring 2400 sqft R.C.C. building including electricity service connection and its deposits. The property is within registration district of Ranipet and the sub-registration district of Walajah. (Physical Possession) View on map

Description (as per sale notice)

totally admeasuring 2400 sqft R.C.C. building. All that piece and parcel of Land and building of House site bearing Plot No.25, comprised in Survey No.51/1, as per Patta S.No.51/56 situated at Vannivedu village, Walajah Nagar, Walajah taluk and Ranipet District, measuring to an extent of 2400 sq.ft, Bounded on: North of - Plot No.39 & 40, South of-Road, East of - Plot No.26, West of - Plot No.24, In between the house and house site measuring: East to west 40 feet on both sides and North to south 60 feet on both sides and totally admeasuring 2400 sqft R.C.C. building including electricity service connection and its deposits. The property is within registration district of Ranipet and the sub-registration district of Walajah. (Physical Possession)

Bank & Auction Details

Branch
Tirupattur
Auction type
SARFAESI Auction
Borrower
S K*****
Auction start
06 Oct 2026, 11:00 AM
Auction end
06 Oct 2026, 01:00 PM
EMD submission deadline
05 Oct 2026, 05:30 PM
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹1,667 per sq ft. The average across residential bank auctions in Ranipet on our site is ₹3,685 per sq ft, so this one is 55% 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 2401222), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹4,00,000 before 05 Oct 2026, 05:30 PM. It is refunded if you don't win.
  5. Bid online on 6 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.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Cholamandalam Investment and Finance Company. Always verify every detail with the official notice and the authorised officer before paying any money.

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