2,199.5 sq feet House for Auction in Pennagaram, Dharmapuri – Indian Bank

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

2,199.5 sq feet (≈ 2,199 sq ft)

Reserve price / sq ft

₹1,603

Locality

Pennagaram

City

Dharmapuri

State

Tamil Nadu

Pincode

636810

Address

Pennagaram, Tamil Nadu, 636810 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

PENNAGARAM - 762

Auction type

SARFAESI Auction

Borrower

SAHA R*****

Auction start

09 Oct 2026, 11:00 AM

Auction end

09 Oct 2026, 04:00 PM

EMD submission deadline

09 Oct 2026, 03:59 PM

Inspection

30 Sep 2026, 10:00 AM – 08 Oct 2026, 04:00 PM

Authorised officer

MR RAM JI

Officer contact

9442247170

E-auction portal

BAANKNET (Property ID IDIB6852669434)

Price Check

This listing's reserve price works out to ₹1,603 per sq ft. The average across residential bank auctions in Dharmapuri on our site is ₹2,136 per sq ft, so this one is 25% 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 30 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB6852669434)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 09 Oct 2026, 03:59 PM. It is refunded if you don't win.
5. Bid online on 9 Oct 2026 starting above the reserve price.
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.