All auctions / Tamil Nadu / Erode
27Oct
Plot for sale in Erode
Erode, Tamil Nadu – 638001
Canara Bank · SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI
- Reserve price
- ₹13,50,000
- EMD
- ₹1,35,000
- Bid increment
- ₹1,00,000
This is the 8th auction of this property. The reserve price is 5.3% lower than at the last auction (₹14,25,000 on 22 Sep 2026, 12:30 PM). 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 12 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 27 Oct 2026 | ₹13,50,000 | -5.3% | Upcoming |
| 22 Sep 2026 | ₹14,25,000 | — | Closed |
| 25 Aug 2026 | ₹14,25,000 | -5.0% | Closed |
| 29 Jul 2026 | ₹15,00,000 | — | Closed |
| 10 Jun 2026 | ₹15,00,000 | -2.0% | Closed |
| 25 Mar 2026 | ₹15,30,800 | -1.1% | Closed |
| 27 Feb 2026 | ₹15,48,000 | — | Closed |
| 31 Jan 2026 | ₹15,48,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹1,35,000
- Rest of 25% when you win (same or next day)
- ₹2,02,500
- Balance 75%, usually within 15 days
- ₹10,12,500
- Stamp duty and registration (about 5–8%, varies by state)
- ₹67,500 – ₹1.08 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 · Plot
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- Erode Registration district, Erode Sub Registration District, Erode Taluk inside the Erode corporation limit, Erode Town, 16th ward, vice chairman T.Veerabhadra Chettiar Road, previously Door No 33 T S no 261 New Door No 134, T S No 477/2 & 243/3 and now New Door No 497, New Resurvey ward C, New Block No 22, T S No 17, Vice Chairman T Veerabhadra Chettioar Road, situated within the following boundaries : South of property sold by Shanmugasundaram North of East West Lane West of 1.9 feet common pathway East of property of S R Gopalakrishnan, G.Mayilsamy, G.Palanisamy
- Borrower
- GRN TEXTILES
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Tata Capital Housing Finance Residential
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in 12 days
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