Commercial Building
Commercial Building in Vellore, Tamil Nadu (bank auction)
Vellore, Tamil Nadu
Axis Bank
This is a 1,720 sq m house in Adoor, Kerala. It is being sold by Indian Overseas Bank, Adoor Branch. The sale notice describes it as: 17.20 ares (42.5 cents) of land with a building in Re. Sy. No. 849/2 (old Sy. No. 687/5/1, 688/1/1), Block No. 16, Erathu Village, Adoor Taluk, Pathanamthitta District. Possession is symbolic: the bank has legal possession, but someone may still be occupying the property, which can delay handover.
The reserve price, the lowest price at which the bank will sell, is ₹39,53,000 (₹39.53 L). To bid you first pay an earnest money deposit (EMD) of ₹3,95,300 (about 10% of the reserve price). The e-auction is on 26 November 2026 from 11:00 AM to 5:00 PM IST on baanknet.com.
Auction starts in 2 weeks.
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