Land for Auction Kavundachipalayam Erode 32.7 Lakh by Tata Capital Housing Finance Ltd 28 Jul 2026
Kavundachipalayam, Erode
Area: 919.3 Sq.feet
House Site No. 149, "NEW LANDS CITY", Kavundachipalayam Village, Perundurai Taluk, Erode District.
Tata Capital Housing Finance Ltd · Chennai
Reserve price
₹32,70,000
EMD ₹3,27,000
Auction date
28 Jul 2026, 02:00 PM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 919.3 Sq.feet
- ▸Locality: Kavundachipalayam
- ▸Reserve: ₹32,70,000
- ▸EMD: ₹3,27,000
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Kavundachipalayam |
| Built-up / plot area | 919.3 Sq.feet |
| Lender | Tata Capital Housing Finance Ltd |
| Branch | Chennai |
| Unit / flat no. | House Site No. 149 |
| Building / society | NEW LANDS CITY |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | Auctionbazaar |
About this property
Land bank auction in Kavundachipalayam, Erode by Tata Capital Housing Finance Ltd — reserve price ₹32,70,000, 919.3 Sq.feet, Physical possession.
Discover a prime bank auction property in Erode, Tamil Nadu. This attractive land parcel, designated as House Site No. 149 within the approved "NEW LANDS CITY" layout in Kavundachipalayam, Perundurai Taluk, spans a total area of 919.3 Sq.feet. Offered by Tata Capital Housing Finance Ltd, this plot for sale is available through an e-auction with a competitive reserve price of ₹3,270,000 and an Earnest Money Deposit (EMD) of ₹327,000. The auction is scheduled for July 28, 2026, providing a clear window for interested bidders. Property inspection is facilitated on July 20, 2026. With physical possession, this bank auction plot is a compelling 'Strong Buy' for individuals or investors seeking to acquire land for residential development in a well-regarded and developing locality near Perundurai.
GeoSquare note: This house site in Kavundachipalayam, Erode, is a strong buy due to its clear classification as a 'Plot' with physical possession, which mitigates risks often associated with auction properties. The specific 'House Site No. 149' within the 'NEW LANDS CITY' layout suggests a planned development. With a competitive reserve price for a 919.3 Sq.feet plot and a clear auction timeline, it offers significant investment potential for residential development in a growing area.
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