1,818 sq ft House for Auction in Erode – Tata Capital

Property Details

Property type

House (Residential)

Possession

Not specified

Area

1,818 sq ft

Reserve price / sq ft

₹2,250

Locality

—

City

Erode

State

Tamil Nadu

Address

All that piece and parcel of the Erode District Gobichettipalayam RD, Gobichettipalayam Joint- 2 SRO, Gobichettipalayam Taluk Kullampalayam Village, New Natham No.35 17 puunjai hectare 0.00.96 patta no.184 new natham no. 186/12, new natham no.35/17 punjai hectare 0.01.05 patta no.334, new no.186/13 door number 68, old tax assessment number 318, new tax assessment number 456, for an extent of 1818 sq.ft house site within the following boundaries: K.R. Govindasamy, Karuppusamy lands on the West East West pathway on the North, Mohanraj, K.R.Govindasamy lands on the South, Mohanraj, Pavayal lands and Common path way on the East Thakku1: For an extent of 572 sq.ft within the following measuring: South North on the both sides 26 feet, East West on the both sides 22 feet, For an extent of 572 sq.ft house site with all rooms, doors, door fittings, electric service connection, electric fittings etc., TNEBS.C.No.314-001-467. Thakku 2: For an extent of 1155 sq.ft with-in the following measuring: East West on the north side 35 feet, East West on he south side 31 1/2 feet, South North on the East side 35 feet, South North on the West side 34 1 2 feet, Within the above said measuring 1155 sq.ft. Thakku 3: For an extent of 90 3/4 sq.ft within the following measuring: East West on the both sides 16 1/2 feet, South North on the both sides 5 1/2 feet View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Tata Capital

Branch

Kodambakkam, Chennai

Auction type

SARFAESI Auction

Borrower

MRS. Y*****

Auction start

17 Nov 2026, 02:00 PM

Auction end

17 Nov 2026, 03:00 PM

EMD submission deadline

16 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2427760

Price Check

This listing's reserve price works out to ₹2,250 per sq ft. The average across residential bank auctions in Erode on our site is ₹3,806 per sq ft, so this one is 41% 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 (4Closure · Listing 2427760), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹4,09,050 before 16 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 17 Nov 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.