All auctions / Tamil Nadu / Chinniampalayam
16Oct
0.01 square feet Flat for sale in Nila Garden, Modakkurichi Chinniampalayam
Chinniampalayam, Erode, Tamil Nadu – 638104
State Bank of India · SAMB COIMBATORE-16454
- Reserve price
- ₹2,12,00,000
- EMD
- ₹21,20,000
- Bid increment
- ₹1,00,000
- Area
- 9,195 sq ft
- Price per sq ft
- ₹2,306
This is the 3rd auction of this property. The last auction had a reserve of ₹2,12,00,000. Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property6 Oct 2026, 11:00 AM – 6 Oct 2026, 4:00 PM
- Pay EMD and submit bid by16 Oct 2026, 10:59 AM (EMD closes today)
- Auction16 Oct 2026, 11:00 AM – 4:00 PM · today
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 16 Oct 2026 | ₹2,12,00,000 | — | Upcoming |
| 21 Aug 2026 | ₹2,12,00,000 | — | Closed |
| 16 Jul 2026 | ₹2,12,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹21,20,000
- Rest of 25% when you win (same or next day)
- ₹31,80,000
- Balance 75%, usually within 15 days
- ₹1,59,00,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹10.60 L – ₹16.96 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 · Flat
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- Site no 20, 23, Nila Garden, Old SF No. 221/A1, RS No.373, Sub Div no.373/2A, New Sub Div no. 373/2A7, Nanjai Uthukuli Village and Panchayat, Chennappanaikenpalayam Road, Avalpoondurai SRO, Modakkurichi taluk, Erode-638104
- Borrower
- Glorifarm Botanicals Private Limited
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16Oct
0.01 square feet Flat for sale in Nila Garden, Modakkurichi Chinniampalayam
Chinniampalayam, Erode, Tamil Nadu
State Bank of India Residential · Flat
3rd auction9,195 sq ftSymbolic possession
today EMD closes today
₹2.12 Cr
₹2,306/sq ft
