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
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Gandhi Nagar Colony, Thimmapuram village |
| Built-up / plot area | 728 sq.ft. |
| Lender | Indian Overseas Bank |
| Branch | Regional Office |
| Unit / flat no. | 5/31 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | BAANKNET |
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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