1.44 acre Office for Auction in Vellore – Chola

Property Details

Property type

Office (Commercial)

Possession

Not specified

Area

1.44 acre (≈ 62,726 sq ft)

Reserve price / sq ft

₹207

Locality

—

City

Vellore

State

Tamil Nadu

Address

Item No. 1: Vellore District, Vellore Registration District, Vellore Taluk, Vellore Sub Registrar Office, ARIYUR Village, Nanja S.No.614/1, 1.44 Acres in this Plots were laid under the name and style of Ammaiyappan Nagar, in this Plot No.141 bounded on west by Plot No.150 belongs to P.Neelavathi, East by Road, South by Plot No.140belongs to Mani, North by Plot No.142 belongs to Jayapal, in This East to West 65 feet, North to South 26 feet, in Total 1690 Sq.feet or 157.01 Sq.Mts and Construction and Service Connection 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

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

18 Nov 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 468087

Price Check

This listing's reserve price works out to ₹207 per sq ft. The average across commercial bank auctions in Vellore on our site is ₹8,547 per sq ft, so this one is 98% 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 468087), 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 18 Nov 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.