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Residential in Palani

Palani, Palani

Reserve price
₹2.59 Cr
Auction date
10 Feb 2026
12:00 PM
EMD deadline
20 Sept 2025
4:00 PM
Bid increment
₹2,00,000.00

Auction timeline

Auction starts
10 Feb 2026 at 12:00 PM
Auction ends
10 Feb 2026 at 1:00 PM
EMD submission deadline
20 Sept 2025 at 4:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Residential
Sub Type
Individual House
Possession Status
Symbolic
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹2.88 Cr
Property Identifiers
Bank Property ID
CNRB70233653
Collateral ID
1018261005580005

Location details

Property Address
All the parcel and structures are situated in Palani R.D., Palani Sub Dist., No.1 Palani Taluk, Sivagiripatty Village, Palani Municipal Limit, Lakshmipuram Main Road, D.No.153, Asst No.10953/13175. Extent Ac.0.10 (4365 Sq.feet) out of Ac 2.39, Survey No.107. Boundaries: North – East-West Municipal Road; East – House of Rajagopal and Smt. Leelawathy Nagarajan; South – Site of R.S. Gokulam Now Rengagopal; West – Site of P.Rajaraman, Now Rajagopal. (Within this East-west on the north 45 feet south-45 feet North-south on the east 97 feet, on the west 97 feet) with constructed All RCC Buidlings and all mamool path way rights.
Locality: Palani
City: Palani
District: Dindigul
State: Tamil Nadu
Pin Code: 624601
Country: India
Nearest Airport / Railway Station / Bus Stand
Palani Railway Station

Price history

4 previous auctions
₹2.9Cr22 Sep₹2.3Cr₹2.6CrNow 10.0% down
₹2,33,30,000.00
21 Jan 2026
Residential
Canara BankPossession: Symbolic
₹2,33,30,000.00
10 Dec 2025
Residential
Canara BankPossession: Symbolic
₹2,59,20,000.00
14 Nov 2025
Residential
Canara BankPossession: Symbolic

Borrower & Loan details

Borrower Name
M/s. Sri Saravana Constructions
Registered Address of Borrower
Lakshmipuram, Palani - 624601
Owner
Kittusamy K
Ownership of Property
Guarantor Cum Mortgagor
NPA Amount
₹10.01 Cr
NPA Date
18 Sept 2024
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
1018261005580005
Customer ID
70233653
Possession Dates
Symbolic
29 Nov 2024

Additional details

Description
All the parcel and structures are situated in Palani R.D., Palani Sub Dist., No.1 Palani Taluk, Sivagiripatty Village, Palani Municipal Limit, Lakshmipuram Main Road, D.No.153, Asst No.10953/13175. Extent Ac.0.10 (4365 Sq.feet) out of Ac 2.39, Survey No.107.

EMD Schedule

EMD Start
22 Jan 2026
3:05 PM
EMD Deadline
09 Feb 2026
4:00 PM
Payment Deadline
20 Sept 2025

Inspection Schedule

Inspection Start
04 Feb 2026
10:00 AM
Inspection End
04 Feb 2026
4:00 PM

Officer Details

Authorized Officer
SUBRAHMANYESHWARA RAO
CHECKER Chief Manager
Dealing Officer
C Siva, Chief Manager

Auction Rules

Bid Increment
₹2,00,000.00
Extension Increment
₹2,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
1018261005580005
Property ID
CNRB70233653

Nearby Amenities

Nearest Station
Palani Railway Station
Canara Bank
Verified seller
Branch: MADURAI SPECIALISED ARM BRANCH
IFSC: CNRB

Bank contact

+91 99999 99999+91 94890 46509
Branch Address
St.Mary's Campus, East Veli Street,
Branch IFSC
CNRB0006291
Department
MADURAI SPECIALISED ARM BRANCH