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2 BHK Individual House for sale in BEENA, ERODE Erode

Erode, Tamil Nadu – 638002

State Bank of India · SARB COIMBATORE-10204

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹58,00,000
EMD
₹5,80,000
Bid increment
₹50,000
Area
1,408 sq ft
Price per sq ft
₹4,120

This is the 4th auction of this property. The reserve price is 9.4% lower than at the last auction (₹64,00,000 on 12 Aug 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property22 Oct 2026, 11:00 AM – 22 Oct 2026, 4:08 PM
  2. Pay EMD and submit bid by30 Oct 2026, 4:00 PM
  3. Auction30 Oct 2026, 11:00 AM – 4:00 PM · in 15 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
30 Oct 2026₹58,00,000-9.4%Upcoming
12 Aug 2026₹64,00,000—Closed
10 Jun 2026₹64,00,000-10.1%Closed
22 Apr 2026₹71,20,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹5,80,000
Rest of 25% when you win (same or next day)
₹8,70,000
Balance 75%, usually within 15 days
₹43,50,000
Stamp duty and registration (about 5–8%, varies by state)
₹2.90 L – ₹4.64 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 · Individual House
Possession
Physical
Auction type
Bank sale (SARFAESI)
Address
NO.321/5 , NALLAMMAL NAGAR, 46 PUDUR POST,ERODE
Borrower
S.BEENA

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