House for Auction Nanjai Uthukuli B Village Erode 3 Crore by State Bank of India 16 Jul 2026
Nanjai Uthukuli B Village, Erode
Area: 1518.999725 Square meter
S.F.No.373/2B1, Nanjai Uthukuli B Village, Modakkurichi Taluk, Avaipoondurai Sub-Registration District, Erode, Tamil Nadu
State Bank of India · Stressed Assets Management Branch
Reserve price
₹3,02,00,000
EMD ₹30,20,000
Auction date
16 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1518.999725 Square meter
- ▸Locality: Nanjai Uthukuli B Village
- ▸Reserve: ₹3,02,00,000
- ▸EMD: ₹30,20,000
Auction snapshot
| Possession | Symbolic |
| Property type | House · Residential |
| Locality | Nanjai Uthukuli B Village |
| Built-up / plot area | 1518.999725 Square meter |
| Lender | State Bank of India |
| Branch | Stressed Assets Management Branch |
| Unit / flat no. | Site Nos. 1 to 10 |
| Building / society | Layout of house sites (DTCP/Erode/Layout Approval No: 160/2023) |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,00,000 |
| Service provider | BAANKNET |
About this property
House bank auction in Nanjai Uthukuli B Village, Erode by State Bank of India — reserve price ₹3,02,00,000, 1518.999725 Square meter, Symbolic possession.
Discover a unique opportunity to acquire 10 approved residential house plots (Sites No. 1 to 10) in a DTCP approved layout in Nanjai Uthukuli B Village, Modakkurichi Taluk, Erode, Tamil Nadu. This bank auction property, offered by State Bank of India, spans a total area of approximately 1519 sq. meters (16,350 sq. ft.). With a reserve price of ₹3.02 Crore and an EMD of ₹30.20 Lakhs, this is an ideal investment for developers or individuals seeking land in a developing region. The property boasts a clear title with 'Nil' encumbrance. Inspection is available on July 9, 2026, with the e-auction scheduled for July 16, 2026. Secure a valuable asset at this bank auction property for sale.
GeoSquare note: This property offers a compelling investment as 10 DTCP-approved residential plots, totaling over 1500 sq. mtrs, in a developing locality of Erode. The 'Nil' encumbrance details are a significant positive, assuring a clear title. While the possession is symbolic, the clear title and the potential for a large-scale residential development make the ₹3.02 Crore reserve price an attractive entry point for investors or developers seeking a strong asset.
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