Land for Auction N G G O Colony Main Road Erode 1.2 Crore by Bajaj Finance Ltd 26 Jun 2026
N.G.G.O. Colony Main Road, Erode
Area: 1430.0 sq ft.
NEW DOOR No. 15/8, NEW T.S.NO.10/1, PRESENT T.S. NO. 10/1A, 10/1B, BLOCK NO. 12, NEW RE-SURVEY WARD-B, NEW MUNICIPAL WARD NO. 26, N.G.G.O. COLONY MAIN ROAD, ERODE TOWN, MUNICIPAL LIMIT ERODE TK, ERODE SRO, ERODE R.D.-638009
Bajaj Finance Ltd. · Corporate Office - Pune
Reserve price
₹1,24,18,113
EMD ₹12,41,811
Auction date
26 Jun 2026, 03:00 PM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 1430.0 sq ft.
- ▸Locality: N.G.G.O. Colony Main Road
- ▸Reserve: ₹1,24,18,113
- ▸EMD: ₹12,41,811
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | N.G.G.O. Colony Main Road |
| Built-up / plot area | 1430.0 sq ft. |
| Lender | Bajaj Finance Ltd. |
| Branch | Corporate Office - Pune |
| Unit / flat no. | NEW DOOR No. 15/8 |
| Building / society | N.G.G.O. Colony |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | bankauctions.in |
About this property
Land bank auction in N.G.G.O. Colony Main Road, Erode by Bajaj Finance Ltd. — reserve price ₹1,24,18,113, 1430.0 sq ft., Physical possession.
Secure a valuable residential bank auction property from Bajaj Finance Limited, featuring a 1430 sq ft land extent and a 1976 sq ft construction area. This prime 'House with Plot' is located in the sought-after N.G.G.O. Colony Main Road, Erode, Tamil Nadu, and is identified by NEW DOOR No. 15/8. Offered on an 'as is where is, as is what is' basis, the property is free from known encumbrances and comes with physical possession. The e-auction, ideal for investors and homebuyers, is scheduled for June 26, 2026, from 03:00 PM to 05:00 PM, with a reserve price of ₹1,24,18,113.60 and an EMD of ₹12,41,881.36. Property inspections are available from June 12 to June 25, 2026, by prior appointment. Don't miss this opportunity to acquire a significant residential property in Erode through a bank auction.
GeoSquare note: This property represents a strong buy opportunity due to its prime residential location in N.G.G.O. Colony, Erode, and clear title with no known encumbrances. The physical possession status is a significant advantage, reducing acquisition risks. With a substantial land and construction area, it offers good investment potential for residential use at a competitive bank auction price.
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