2.33 cent House for Auction in Erode – Tata Capital

Property Details

Property type

House (Residential)

Possession

Not specified

Area

2.33 cent (≈ 1,014 sq ft)

Reserve price / sq ft

₹1,478

Locality

—

City

Erode

State

Tamil Nadu

Address

Erode District, Erode RD, Ammapettai SRO, Anthiyur Taluk, Elippili Village, Resurvey No. 137/5B, Punjai Hec.0.84.30, kist rs.2.85 (old kasa no.137A) (Patta no.398), Resurvey No. 152/18, punjai Hec.0.48.0, kist Rs.1.62 (old kasa No.139A) (Patta No.2591), total punjai Hec. 1.32.30, kist rs.4.47, in this punjai acre.2.33 cent, land divided into house site namely K.S.Nagar, Erode Town and country planning department (DTCP), SWP/DRCP/Erode /Layout Approval no.150/2023, dated 28.04.2023, Kuruvarettiyur panchayat zone, dted 05.09.2023, Naka.no.6/2023, resolution no.111/2023, house site no.31, for an extent of 2132 1/2 sq.feet house site, within the following boundaries:- House site no.32 on the south, 9 meter breadth east-west panchayat road on the north, Resurvey No.157/5B1 on the west, 10 meter breadth south-north panchayat road on the East, Within the above said boundaries:- East-west on the both sides 65 feet, South-North on the both sides 33 feet, Total extent of 2145 sq.feet house site, in this north-east corner 12 1/2 sq.feet removed, remaining for an extent of 2132 1/2 sq.feet house site, with usual pathway, common rights, common roads etc., Resurvey No.137/5B2A7, punjai Hec.0.01.98, kist Rs.2.00 (patta No.3118). View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Tata Capital

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

27 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 467426

Price Check

This listing's reserve price works out to ₹1,478 per sq ft. The average across residential bank auctions in Erode on our site is ₹3,806 per sq ft, so this one is 61% 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 (AuctionTiger · Auction ID 467426), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 27 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.