All auctions / Tamil Nadu / Erode

Plot for sale in Erode

Erode, Tamil Nadu – 638001

Canara Bank · SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI

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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

  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₹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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