All auctions / Tamil Nadu / Olagadam
16Oct
Individual House for sale in ANTHIYUR Olagadam
Olagadam, Erode, Tamil Nadu – 638314
Canara Bank · ANTHIYUR-1035
This auction has ended or was withdrawn. Banks often re-auction at a lower reserve price, so check current auctions nearby.
- Reserve price
- ₹2,01,60,000
- EMD
- ₹20,16,000
- Bid increment
- ₹50,000
- Area
- 1.01 acres
- Price per sq ft
- ₹458
Key dates
- Inspect the property12 Oct 2026, 10:00 AM – 12 Oct 2026, 4:00 PM
- Pay EMD and submit bid by14 Oct 2026, 4:00 PM
- Auction16 Oct 2026, 10:30 AM – 11:30 AM · today
What you'd pay at the reserve price
- EMD, before the auction
- ₹20,16,000
- Rest of 25% when you win (same or next day)
- ₹30,24,000
- Balance 75%, usually within 15 days
- ₹1,51,20,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹10.08 L – ₹16.13 L
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
- Erode Registration district, Anthiyur Sub Registration District, Anthiyur Taluk, Pachampalayam village, Old R S No. 240/5, R S No. 240/5A1, Patta No. 15838, to an extent of 1.01 Acres
- Borrower
- M/s MAYILESWARI TRADERS
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Canara Bank Residential · Individual House
8th auction1,464 sq ftSymbolic possession
in 11 days
₹5.14 L
₹351/sq ft