1,800 sq ft Land & Building for Auction in Vellore – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

1,800 sq ft

Reserve price / sq ft

₹9,384

Locality

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City

Vellore

State

Tamil Nadu

Address

All that Piece and Parcel of the land situated at Vellore District, Vellore Registration District, Vellore Sub-District, North Vellore Town, Katpadiapattarai, Thotti Line, Sarathi Nagar (Municipal Colony), Ward No.1, Block No.5, T.S.No.3189, in this Plot No.5 bounded on South by Plot No.4, East by 30 feet wide Road, West byPlot No.12, North by Plot No.6, in this East to West 60 feet, North to South 30 feet, in Total 1800 Sq.feet and constructions and service connections situated therein. The above Property lies within the limits of Vellore Corporation. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

Anna Salai, Chennai

Auction type

SARFAESI Auction

Borrower

VARUN T*****

Auction start

18 Nov 2026, 11:00 AM

Auction end

18 Nov 2026, 12:00 PM

EMD submission deadline

16 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

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E-auction portal

4Closure · Listing 2430886

Price Check

This listing's reserve price works out to ₹9,384 per sq ft. The average across residential bank auctions in Vellore on our site is ₹4,299 per sq ft, so this one is 118% above 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 2430886), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹16,89,049 before 16 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 18 Nov 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.