All auctions / Tamil Nadu / Tiruppur

4373 square feet Plot for sale in Tiruppur

Tiruppur, Tamil Nadu – 641603

Indian Overseas Bank · SPECIALISED ARM BRANCH, COIMBATORE-1551

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Reserve price
₹1,27,25,000
EMD
₹12,72,500
Bid increment
₹1,00,000
Area
4,373 sq ft
Price per sq ft
₹2,910

This is the 6th auction of this property. The reserve price is 12.5% lower than at the last auction (₹1,45,39,000 on 9 Oct 2026, 10:30 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property14 Oct 2026, 10:00 AM – 10 Nov 2026, 6:00 PM
  2. Pay EMD and submit bid by10 Nov 2026, 10:00 PM
  3. Auction11 Nov 2026, 10:30 AM – 1:30 PM · in 26 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
11 Nov 2026₹1,27,25,000-12.5%Upcoming
9 Oct 2026₹1,45,39,000—Closed
10 Sep 2026₹1,45,39,000-11.1%Closed
19 Aug 2026₹1,63,56,000-10.0%Closed
23 Jul 2026₹1,81,73,000-15.8%Closed
25 Jun 2026₹2,15,81,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹12,72,500
Rest of 25% when you win (same or next day)
₹19,08,750
Balance 75%, usually within 15 days
₹95,43,750
Stamp duty and registration (about 5–8%, varies by state)
₹6.36 L – ₹10.18 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
All the part and parcel of vacant site of area 4374 Sq. Ft. at site no.19 & 20 South Part, Survey No.18 & 20, Ward No.3, Sri Vigneshwara Nagar, Thottipalayam Village, Tirupur Taluk, Tirupur Registration District, Pichampalayam, Tirupur1.04 acres of vacant land at Tirupur Registration District, TN.
Borrower
K M PANNEER SELVAM, MOHANASUNDAR & P RAJAMANI

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