960 sq ft House for Auction in Erode – Tata Capital

Property Details

Property type

House (Residential)

Possession

Not specified

Area

960 sq ft

Reserve price / sq ft

₹2,351

Locality

—

City

Erode

State

Tamil Nadu

Address

Erode District, Erode RD, Chenniamalai SRO, Perundurai Taluk, Mugasipidariyur Village, Old Kasa Nos.291 and 293 in this Resurvey No.205/1, punjai hec.1.88.00, kist.3.76 now subdivision resurvey no.205/1B, punjai hec.0.81.90,, kist.1.64 within the following boundaries: Re.S.nos.200, 206 lands on the west, Re.S.No.205/1A east west panchayat road on the North, Re.S.No.205/1D south north and east west panchayat road on the East, East west panchayat thadam, RE.S.No.206 on the south In this punjai acre 2.02 1/2 cents in p.h.0.81.90 lands east west and south north thar road, layout approved by the Erode District Town and country planning deputy Director letter Na.Ka.No.4477/20212, E.Ma.2 dated 30.12.2021, approximate lay out technical approval Ma.Va./E.Ma.401/2021, road, common lands TNEB lands gifted to panchayat, the lay out named as SRI VINAYAGA NAGAR Mukasipidairyur panchayat president latter 06/2022 dated 28.02.2022, house site.no.40 eastern side for an extent of 947.5 sq.feet ( 88.02 sq.meter) house site, within the following boundaries: House site No.40 on the West, 9 meter breadth east west plot road on the north, 9 meter breadth south north plot road on the east, House site no.41 on the south, Within the following measurements, East-West on the Northern side 30 feet, East-West on the Southern sides 30 feet, South-North on the Eastern side 32 feet, South-North on the Western side 32 feet Total extent of 960 sq.feet in this north east corner cross 12 1/2 feet removed 947.5 sq View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Tata Capital

Branch

Kodambakkam, Chennai

Auction type

SARFAESI Auction

Borrower

MR R*** J

Auction start

22 Oct 2026, 02:00 PM

Auction end

22 Oct 2026, 03:00 PM

EMD submission deadline

21 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2405428

Price Check

This listing's reserve price works out to ₹2,351 per sq ft. The average across residential bank auctions in Erode on our site is ₹4,345 per sq ft, so this one is 46% 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 2405428), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,25,700 before 21 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 22 Oct 2026 starting above the reserve price, in multiples of ₹10,000.
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.