All auctions / Tamil Nadu / Olagadam
Individual House for sale in Olagadam
Olagadam, Erode, Tamil Nadu – 638314
Canara Bank · SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI
- Reserve price
- ₹5,14,080
- EMD
- ₹51,408
- Bid increment
- ₹50,000
- Area
- 1,464 sq ft
- Price per sq ft
- ₹351
This is the 8th auction of this property. The last auction had a reserve of ₹5,14,080. 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 11 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 27 Oct 2026 | ₹5,14,080 | — | Upcoming |
| 22 Sep 2026 | ₹5,14,080 | -2.3% | Closed |
| 25 Aug 2026 | ₹5,26,176 | — | Closed |
| 29 Jul 2026 | ₹5,26,176 | -3.3% | Closed |
| 10 Jun 2026 | ₹5,44,320 | — | Closed |
| 30 Apr 2026 | ₹5,44,320 | -5.3% | Closed |
| 25 Mar 2026 | ₹5,74,560 | — | Closed |
| 10 Feb 2026 | ₹5,74,560 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹51,408
- Rest of 25% when you win (same or next day)
- ₹77,112
- Balance 75%, usually within 15 days
- ₹3,85,560
- Stamp duty and registration (about 5–8%, varies by state)
- ₹25,704 – ₹41,126
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
- All that part and parcel of the property together with any building thereon situated at Erode Registration district, Anthiyur Sub Registration District, Anthiyur Taluk, Pachapalayam Village, SF No.283. Resurvey No.255/13A, Layout Named Sriram Nagar, Site No.28 In this the property situated within the following boundaries : North by Site No29 South by Site No.27 West by Land in RS No.255/12 belongs to Veerappan East by 16feet wide North South Road In this land admeasuring, 48 feet East west on both sides 31 feet North South on the East & 30 feet North South on the West To an extant of 1464 Square feet of Land with all easementary way of Pathway & carttrack rights fully in the name of Mr. Arulsamy V The Property Standing in the name of MR.ARULSAMY V
- Borrower
- MR. ARULSAMY V S/O VELUMANI
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