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Individual House for sale in Erode

Erode, Tamil Nadu – 638001

Canara Bank · SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹31,05,000
EMD
₹3,10,500
Bid increment
₹1,00,000

This is the 4th auction of this property. The reserve price is 5.3% lower than at the last auction (₹32,77,500 on 22 Sep 2026, 12:30 PM). Unsold properties usually come back at a lower reserve.

Key dates

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

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
27 Oct 2026₹31,05,000-5.3%Upcoming
22 Sep 2026₹32,77,500—Closed
25 Aug 2026₹32,77,500-5.0%Closed
29 Jul 2026₹34,50,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹3,10,500
Rest of 25% when you win (same or next day)
₹4,65,750
Balance 75%, usually within 15 days
₹23,28,750
Stamp duty and registration (about 5–8%, varies by state)
₹1.55 L – ₹2.48 L

You may bid above the reserve in steps of ₹1,00,000. 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
Erode Registration district, Erode Sub Registration District, Erode Taluk inside the Erode corporation limit, Erode Town, Brindhachari Street, T S No 536, Door no 17, Ward No 17, New Resurvey Ward C, Block No 32, T.S No 101, in this West of North South Brindachari Street East of Tiles house belonging to Parvathiammal South of Thangavel Mudaliar Shop House North of house of Na.Karuppana Mudaliar
Borrower
GRN TEXTILES

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