All auctions / Tamil Nadu / Arakonam
16837 square feet Plot for sale in ARAKKONAM Arakonam
Arakonam, Ranipet, Tamil Nadu – 631002
Canara Bank · SPECIALIZED ARM BRANCH, CHENNAI-II
- Reserve price
- ₹45,00,000
- EMD
- ₹4,50,000
- Bid increment
- ₹50,000
- Area
- 16,837 sq ft
- Price per sq ft
- ₹267
This is the 8th auction of this property. The reserve price is 5.1% lower than at the last auction (₹47,40,000 on 28 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property21 Oct 2026, 11:00 AM – 21 Oct 2026, 4:00 PM
- Pay EMD and submit bid by26 Oct 2026, 10:00 AM
- Auction26 Oct 2026, 11:00 AM – 12:00 PM · in 10 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 26 Oct 2026 | ₹45,00,000 | -5.1% | Upcoming |
| 28 Sep 2026 | ₹47,40,000 | -5.2% | Closed |
| 27 Aug 2026 | ₹50,00,000 | -5.7% | Closed |
| 24 Jul 2026 | ₹53,00,000 | -4.9% | Closed |
| 25 Jun 2026 | ₹55,75,000 | — | Closed |
| 25 May 2026 | ₹55,75,000 | — | Closed |
| 24 Apr 2026 | ₹55,75,000 | -15.0% | Closed |
| 25 Mar 2026 | ₹65,60,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹4,50,000
- Rest of 25% when you win (same or next day)
- ₹6,75,000
- Balance 75%, usually within 15 days
- ₹33,75,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹2.25 L – ₹3.60 L
You may bid above the reserve in steps of ₹50,000. 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
- Residential · Plot
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- No.95, Ammanur Village, Arakkonam Taluk, Vellore District
- Borrower
- SREE HARI PRASAD
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