All auctions / Tamil Nadu / Olagadam

Individual House for sale in Olagadam

Olagadam, Erode, Tamil Nadu – 638314

Canara Bank · SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI

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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

  1. Pay EMD and submit bid by26 Oct 2026, 4:00 PM
  2. Auction27 Oct 2026, 12:30 PM – 1:30 PM · in 11 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
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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