All auctions / Tamil Nadu / Neyveli
1 square feet Individual House for sale in Neyveli
Neyveli, Cuddalore, Tamil Nadu – 607805
Canara Bank · SPECIALIZED ARM BRANCH, CHENNAI-II
- Reserve price
- ₹18,75,000
- EMD
- ₹1,87,500
- Bid increment
- ₹25,000
This is the 7th auction of this property. The reserve price is 5.3% lower than at the last auction (₹19,79,000 on 28 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property15 Oct 2026, 11:00 AM – 15 Oct 2026, 4:00 PM
- Pay EMD and submit bid by21 Oct 2026, 10:00 PM (EMD closes in 6 days)
- Auction22 Oct 2026, 11:00 AM – 12:00 PM · in 7 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 22 Oct 2026 | ₹18,75,000 | -5.3% | Upcoming |
| 28 Sep 2026 | ₹19,79,000 | — | Closed |
| 27 Aug 2026 | ₹19,79,000 | -5.0% | Closed |
| 30 Jul 2026 | ₹20,83,000 | — | Closed |
| 29 Jun 2026 | ₹20,83,000 | -10.0% | Closed |
| 25 May 2026 | ₹23,15,000 | — | Closed |
| 18 Apr 2026 | ₹23,15,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹1,87,500
- Rest of 25% when you win (same or next day)
- ₹2,81,250
- Balance 75%, usually within 15 days
- ₹14,06,250
- Stamp duty and registration (about 5–8%, varies by state)
- ₹93,750 – ₹1.50 L
You may bid above the reserve in steps of ₹25,000. 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
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- S.No386/4C, Uthangal Village, Kammapuram -SRO, Viruthachalam Taluk, Cuddalore District. Pin: 607804.
- Borrower
- KG RAMALINGAM
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