Commercial auction in Erode

Key dates

1. Pay EMD and submit bid bySee the sale notice
2. Auction16 Oct 2026 · today

What you'd pay at the reserve price

EMD, before the auction

₹1,36,000

Rest of 25% when you win (same or next day)

₹2,04,000

Balance 75%, usually within 15 days

₹10,20,000

Stamp duty and registration (about 5–8%, varies by state)

₹68,000 – ₹1.09 L

You may bid above the reserve in steps of the bid increment given in the notice. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type

Commercial

Address

All the part and parcel of property situated at Erode Registration District, Chennimalai Sub Registration District, Perundurai Taluk, Mugasipidariyur Village, Old S.F.Nos. 474, 475 & 476, New R.S.No.21, Punj Hectare 1.49.5, sub-divided R.S.Nos. 21/2, 22/9, 22/10 & 22/11. The subject land bearing Site No.50, Southern portion, measuring 11932 square feet comprised in R.S.No.21/2 is bounded as follows:South of : House Site No.50, Northern portionNorth of House Site No.51 Park East of 23 feet width North South layout RoadWest of House Site No.49Admeasuring East West on the North 43.6 feet, East West on the South 44.6 feet, North South on the East 27 feet, North South on the West 27.3 feet, totally 1193 half square feet or 110.88 square metre. along with pathway rights through North South and East West layout Roads in Saravanam Puthur layout, to use Cart-track, passage and common right over Park and other common places mentioned in Gift Deed Doc. No.4439/2020 donated in favour of Mugasi Pidariyur Panchayat Board.The said property is comprised in R.S.No.21/2 within the limit of Mugasi Pidariyur Panchayat Board. The layout has been formed in an extent of P.Ac.2.55 and half plus 0.182 PAc.2.74 comprised in R.S.Nos. 21/2, 22/9, 22/10 & 22/11 and named as Saravanam Puthur. Regularized approval by Deputy Director of Town and Country Planning, Erode Region vide File No.1585/2020/E Ma 3 dated 30.12.2020 and DTCP approved vide Ma Va E Ma Varanmurai No.37/2020 and approved by Chennimalai Panchayat Union, represented by Circle Development Officer, Proceedings Order No.Na.Ka. No.2051/2018/A4 dated 01.10.2021