Auction in 2 days
Residential Plot in Erode, Tamil Nadu (bank auction)
About this property
This is a 490 sq ft residential plot in Erode, Tamil Nadu. 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 ₹13,50,000 (₹13.5 L). To bid you first pay an earnest money deposit (EMD) of ₹1,35,000 (about 10% of the reserve price), which must reach the bank by 24 Nov 2026, 11:59 PM IST. The e-auction is on 25 November 2026 from 12:30 PM to 1:30 PM IST on baanknet.com. The property can be inspected: Any working day, 11 am to 4 pm, by appointment.
Property description
Vacant house site of 490 sq ft (45.52 sq m), 14 ft east to west on the north and south sides and 35 ft north to south on the east and west sides, at new Door No. 497 (previously Door No. 33, T.S. No. 261, then new Door No. 134, T.S. Nos. 477/2 and 243/3), Vice Chairman T. Veerabhadra Chettiar Road, 16th ward, new resurvey Ward C, Block No. 22, T.S. No. 17, Erode Town, within Erode Corporation limits, Erode Taluk, Erode District, Tamil Nadu, Erode sub-registration district. Sold with rights to all roads, lanes and common pathways. The bank has taken constructive possession.
Boundaries
North by: Property sold by another owner, South by: East-west lane, East by: 1.9 ft common pathway, West by: Property of other owners.
Auction details
- Reserve price
- ₹13,50,000 (₹13.5 L)
- EMD (earnest money deposit)
- ₹1,35,000
- Auction starts
- 25 Nov 2026, 12:30 PM IST
- Auction ends
- 25 Nov 2026, 1:30 PM IST
- Last date for EMD / bids
- 24 Nov 2026, 11:59 PM IST
- Inspection
- Any working day, 11 am to 4 pm, by appointment
- Property type
- Residential Plot
- Area
- 490 sq ft
- Possession
- Symbolic
- Location
- Erode, Tamil Nadu
- Reference
- LA-5317
Auction starts in 2 weeks.
Before you bid
- 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.
- Read the bank’s sale notice and its terms in full.
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