Representative illustration — Land And Building bank auction in Gandhi Nagar Colony, Thimmapuram village
Representative illustration — not the actual property photograph.
Land And Building Residential Symbolic possession Fair Option

Land and Building for Auction Gandhi Nagar Colony Thimmapuram Village Krishnagiri 5 Lakh by Indian Overseas Bank 29 Jun 2026

Gandhi Nagar Colony, Thimmapuram village, Krishnagiri

Area: 728 sq.ft.

Door No. 5/31, Gandhi Nagar Colony, Thimmapuram village, Old SF. No. 408/2, present re survey No. 550/4, Krishnagiri District

Indian Overseas Bank · Regional Office

Reserve price

₹4,97,700

EMD ₹49,770

Auction date

29 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 728 sq.ft.
  • Locality: Gandhi Nagar Colony, Thimmapuram village
  • Reserve: ₹4,97,700
  • EMD: ₹49,770

Auction snapshot

PossessionSymbolic
Property typeLand And Building · Residential
LocalityGandhi Nagar Colony, Thimmapuram village
Built-up / plot area728 sq.ft.
LenderIndian Overseas Bank
BranchRegional Office
Unit / flat no.5/31
Auction typeSARFAESI Auction
Bid increment₹5,000
Service providerBAANKNET

About this property

Land And Building bank auction in Gandhi Nagar Colony, Thimmapuram village, Krishnagiri by Indian Overseas Bank — reserve price ₹4,97,700, 728 sq.ft., Symbolic possession.

Discover an excellent bank auction property for sale in Krishnagiri District, Tamil Nadu. This residential land and building, comprising 728 sq.ft. of land with a superstructure, is situated at Door No. 5/31, Gandhi Nagar Colony, Thimmapuram village. Offered by Indian Overseas Bank, this property presents a valuable opportunity for those seeking a house in Krishnagiri. The e-auction is scheduled for June 29, 2026, from 11:00 AM to 03:00 PM, with an attractive reserve price of ₹497,700.0 and an EMD of ₹49,770.0. Interested buyers can explore this affordable residential property in a village setting. Contact Mrs. Gomathi at 8925950968 for more information on this bank auction property.

GeoSquare note: This property is a fair investment option given its very affordable reserve price of ₹497,700.0 for a residential house and land parcel of 728 sq.ft. in Thimmapuram village, Krishnagiri. While the possession status is symbolic, it offers a budget-friendly entry into the real estate market. Its village location might imply slower appreciation compared to prime city areas, but the low price point makes it an accessible choice for a first-time buyer or someone looking for an economical dwelling.

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