Individual House for sale in Avalpoondurai

Avalpoondurai, Erode, Tamil Nadu – 638115

Canara Bank · SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI

Open sale notice (PDF) View on BAANKNET

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Reserve price: ₹35,95,176
EMD: ₹3,59,518
Bid increment: ₹50,000
Area: 1,750 sq ft
Price per sq ft: ₹2,054

This is the 8th auction of this property. The last auction had a reserve of ₹35,95,176. Unsold properties usually come back at a lower reserve.

Key dates

Pay EMD and submit bid by26 Oct 2026, 4:00 PM
Auction27 Oct 2026, 12:30 PM – 1:30 PM · in 10 days

Auction history

Every auction of this property we have on record
Auction date	Reserve price	Change	Result
27 Oct 2026	₹35,95,176	—	Upcoming
22 Sep 2026	₹35,95,176	-3.2%	Closed
25 Aug 2026	₹37,12,410	—	Closed
29 Jul 2026	₹37,12,410	-5.0%	Closed
10 Jun 2026	₹39,07,800	—	Closed
12 May 2026	₹39,07,800	+9.5%	Closed
25 Mar 2026	₹35,70,000	-1.2%	Closed
21 Feb 2026	₹36,12,500	—	Closed

What you'd pay at the reserve price

EMD, before the auction: ₹3,59,518
Rest of 25% when you win (same or next day): ₹5,39,276
Balance 75%, usually within 15 days: ₹26,96,382
Stamp duty and registration (about 5–8%, varies by state): ₹1.80 L – ₹2.88 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: Symbolic
Auction type: Bank sale (SARFAESI)
Address: Land & Building situated at Erode Registration District, Avalpoondurai Sub Registration District, Erode taluk, Avalpoondurai Village, Palliyuthu Main road, Door No.37R/3, RS No.1006/2B, Eastern portion of House Site No.14 to an extent of 1750 Sq ft
Borrower: Syed Muneer

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Individual House for sale in Avalpoondurai

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