Land & Building SARFAESI Auction

4.99 cent Land & Building for Auction in Tirunelveli – Chola

Tirunelveli, Tamil Nadu · Auction ID #79650

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Reserve Price ₹32,50,000
EMD (Earnest Money)₹3,25,000
Bid Increment₹50,000
Auction Date 13 Oct 2026, 11:00 AM In 12 days
EMD Last Date 12 Oct 2026, 05:30 PM In 11 days
Area4.99 cent

Property Details

Property type
Land & Building (Residential)
Possession
Not specified
Area
4.99 cent (≈ 2,173 sq ft)
Reserve price / sq ft
₹1,495
Locality
—
Address
All that piece and parcel of land with building in Palayamkottai Registration District, Thisayanvilai Sub - Registrar Jurisdiction, Thisayanvilai Taluk, Muthumotthanmozhi Panchayat Limit, Muthumotthanmozhi Village Ayan Punja S.No.34/2A -0.97.00 Hectares 2.40 Acres and S.No.34/28-8.53.50 Hectares 21.08 Acres totally 23.48 Acres and Ayan Punja S.No.34/2A-0.97.00 Hectares -2.40 Acres and S.No.34/28 -8.53.50 Hectares-21.08 Acres totally 23.48 Acres in which on the middle side on the northern side 2 Acres; totally 9.80 Acres the land which had been divided into House Site Plots as per Approved Layout No.195/2019-in which from the Northern Side towards South on the Southern Side of 27.20 mt., width East West Pathway - in which Plot No.89 - land measuring East West 10.16 mt, South North 19.89 mt., admeasuring 202 Sq.mt., 4.99 Cents and building constructed thereon bearing D.No.2/69 and its Electric Service Connection with all regular rights. then as per Sub-Division S.No.34 S.No.34/28, then as per Sub-Division S.No.34/282A, then as per Sub-Division S.No.3 S.No.34/2B2A1, then as per Sub-Division S.No.34/5, then as per Sub-Division S.No.34/5A1, then as per Sub-Division S.No.34/5A1A, then as per Sub-Division S.No.34/9, then as Per Sub-Division S.No.34/9A1, now as per Sub-Division S.No.34/9A1P-0.02.02 Hectares. Boundaries:- North-7.20 mt., width East West Layout Road, East - Plot No.90, South - Plot No.120, West - Plot No.88 View on map

Description (as per sale notice)

Admeasuring 202 Sq.mt., 4.99 Cents and building constructed. All that piece and parcel of land with building in Palayamkottai Registration District, Thisayanvilai Sub - Registrar Jurisdiction, Thisayanvilai Taluk, Muthumotthanmozhi Panchayat Limit, Muthumotthanmozhi Village Ayan Punja S.No.34/2A -0.97.00 Hectares 2.40 Acres and S.No.34/28-8.53.50 Hectares 21.08 Acres totally 23.48 Acres and Ayan Punja S.No.34/2A-0.97.00 Hectares -2.40 Acres and S.No.34/28 -8.53.50 Hectares-21.08 Acres totally 23.48 Acres in which on the middle side on the northern side 2 Acres; totally 9.80 Acres the land which had been divided into House Site Plots as per Approved Layout No.195/2019-in which from the Northern Side towards South on the Southern Side of 27.20 mt., width East West Pathway - in which Plot No.89 - land measuring East West 10.16 mt, South North 19.89 mt., admeasuring 202 Sq.mt., 4.99 Cents and building constructed thereon bearing D.No.2/69 and its Electric Service Connection with all regular rights. then as per Sub-Division S.No.34 S.No.34/28, then as per Sub-Division S.No.34/282A, then as per Sub-Division S.No.3 S.No.34/2B2A1, then as per Sub-Division S.No.34/5, then as per Sub-Division S.No.34/5A1, then as per Sub-Division S.No.34/5A1A, then as per Sub-Division S.No.34/9, then as Per Sub-Division S.No.34/9A1, now as per Sub-Division S.No.34/9A1P-0.02.02 Hectares. Boundaries:- North-7.20 mt., width East West Layout Road, East - Plot No.90, South - Plot No.120, West - Plot No.88

Bank & Auction Details

Branch
Kulavanigarpuram
Auction type
SARFAESI Auction
Borrower
DAVID I*****
Auction start
13 Oct 2026, 11:00 AM
Auction end
13 Oct 2026, 01:00 PM
EMD submission deadline
12 Oct 2026, 05:30 PM
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹1,495 per sq ft. The average across residential bank auctions in Tirunelveli on our site is ₹2,484 per sq ft, so this one is 40% 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 2404891), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹3,25,000 before 12 Oct 2026, 05:30 PM. It is refunded if you don't win.
  5. Bid online on 13 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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