All auctions / Tamil Nadu / Nagapattinam
27Oct
Plot for sale in KARAI NAGAR Nagapattinam
Nagapattinam, Tamil Nadu – 611001
Canara Bank · MADURAI SPECIALISED ARM BRANCH
- Reserve price
- ₹36,50,000
- EMD
- ₹3,65,000
- Bid increment
- ₹50,000
This is the 7th auction of this property. The reserve price is 3.9% lower than at the last auction (₹38,00,000 on 25 Sep 2026, 12:00 PM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property7 Oct 2026, 10:00 PM – 26 Oct 2026, 3:00 PM
- Pay EMD and submit bid by26 Oct 2026, 4:00 PM
- Auction27 Oct 2026, 12:00 PM – 1:00 PM · in 10 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 27 Oct 2026 | ₹36,50,000 | -3.9% | Upcoming |
| 25 Sep 2026 | ₹38,00,000 | -9.5% | Closed |
| 24 Aug 2026 | ₹42,00,000 | — | Closed |
| 14 Jul 2026 | ₹42,00,000 | -2.3% | Closed |
| 24 Jun 2026 | ₹43,00,000 | — | Closed |
| 27 May 2026 | ₹43,00,000 | -5.2% | Closed |
| 28 Apr 2026 | ₹45,35,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹3,65,000
- Rest of 25% when you win (same or next day)
- ₹5,47,500
- Balance 75%, usually within 15 days
- ₹27,37,500
- Stamp duty and registration (about 5–8%, varies by state)
- ₹1.82 L – ₹2.92 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
- Commercial · Plot
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- PLOT 12, KARAINAGAR, THIRUPOONDI WEST, KILVELUR TALUK, NAGAPATTINAM
- Borrower
- UMAPATHY T
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