Land for Auction Gandhi Nagar Colony Kanchipuram 5 Lakh by Indian Overseas Bank
Gandhi Nagar Colony, Kanchipuram
Area: 728 sq ft
Door No. 5/31, Gandhi Nagar Colony, Thimmapuram village
Indian Overseas Bank · REGIONAL OFFICE: SALEM
Reserve price
₹4,97,700
EMD ₹49,770
Auction date
23 Jul 2026, 11:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Constructive/Physical Possession Taken by Bank
- ▸Area: 728 sq ft
- ▸Locality: Gandhi Nagar Colony
- ▸Reserve: ₹4,97,700
- ▸EMD: ₹49,770
Auction snapshot
| Possession | Constructive/Physical Possession Taken by Bank |
| Property type | Land · Residential |
| Locality | Gandhi Nagar Colony |
| Built-up / plot area | 728 sq ft |
| Lender | Indian Overseas Bank |
| Branch | REGIONAL OFFICE: SALEM |
| Unit / flat no. | Patta No. 230, Old SF No. 408/2, Re-survey No. 550/4 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Gandhi Nagar Colony, Kanchipuram by Indian Overseas Bank — reserve price ₹4,97,700, 728 sq ft, Constructive/Physical Possession Taken by Bank possession.
Secure a valuable bank auction property: 728 sq ft land with a superstructure in the serene Thimmapuram village, part of Gandhi Nagar Colony, Krishnagiri District, Tamil Nadu. This plot, identified by Patta No. 230, is available through Indian Overseas Bank with a reserve price of just ₹4,97,700. Perfect for investment or development, the property boasts clear boundaries and offers a promising opportunity. The e-auction is scheduled for July 23, 2026. Don't miss this chance to acquire an affordable land for sale in Krishnagiri District.
GeoSquare note: This property represents a fair investment opportunity, being a land parcel with superstructure at a competitive reserve price of ₹4.97 lakhs. Located in Thimmapuram, Krishnagiri District, it offers potential for development. The bank has taken possession, reducing immediate legal hurdles, though bidders should verify all encumbrances independently.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.
Browse more auctions in Kanchipuram
Top areas
By property type
Top banks
Not in Kanchipuram? Browse auction & news alerts for other cities