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Residential Plot in Erode, Tamil Nadu (bank auction)

About this property

This is a residential plot in Erode, Tamil Nadu. It is being sold by Piramal Finance, Coimbatore. The sale notice describes it as: Site No. 9 at K.C.P. Nagar, Re.S. No. 25/7, Vadamugam Vellode Village and Panchayat, near Kongu Engineering College, Perundurai Taluk, Erode District 638052. The notice gives no area. Subsequent sale.

The reserve price, the lowest price at which the bank will sell, is ₹21,60,000 (₹21.6 L). To bid you first pay an earnest money deposit (EMD) of ₹2,16,000 (about 10% of the reserve price), which must reach the bank by 26 Nov 2026, 11:59 PM IST. The e-auction is on 27 November 2026 from 11:00 AM to 1:00 PM IST on piramalfinance.com.

Auction details

Reserve price
₹21,60,000 (₹21.6 L)
EMD (earnest money deposit)
₹2,16,000
Auction starts
27 Nov 2026, 11:00 AM IST
Auction ends
27 Nov 2026, 1:00 PM IST
Last date for EMD / bids
26 Nov 2026, 11:59 PM IST
Property type
Residential Plot
Location
Erode, Tamil Nadu
PIN code
638052
Bank / lender
Piramal Finance
Branch / office
Piramal Finance, Coimbatore
Reference
LA-3941

For more information about the property or auction assistance

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Auction starts in 2 weeks.

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Before you bid

  • Read the bank’s sale notice and its terms in full.
  • Inspect the property on the inspection date.
  • Check title, dues and encumbrances: the sale is “as is, where is”.
  • Pay the EMD before the deadline and register on the e-auction website.

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