Representative illustration — Plot bank auction in Punjaithuraiyam palayam
Representative illustration — not the actual property photograph.
Plot Residential Symbolic possession Fair Option

Plot for Auction Punjaithuraiyam Palayam Erode 5 Lakh by Equitas Small Finance Bank Ltd 07 Jul 2026

Punjaithuraiyam palayam, Erode

Area: 893 Sq.ft

Punjaithuraiyam palayam Village in Natham No.337/1part, New Natham No.644/6 in Natham patta No.271 with door No.3/391

Equitas Small Finance Bank Ltd. · Anna Salai, Chennai

Reserve price

₹4,99,000

EMD ₹49,900

Auction date

07 Jul 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 893 Sq.ft
  • Locality: Punjaithuraiyam palayam
  • Reserve: ₹4,99,000
  • EMD: ₹49,900

Auction snapshot

PossessionSymbolic
Property typePlot · Residential
LocalityPunjaithuraiyam palayam
Built-up / plot area893 Sq.ft
LenderEquitas Small Finance Bank Ltd.
BranchAnna Salai, Chennai
Unit / flat no.3/391
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerbankeauctions.com / C1 India

About this property

Plot bank auction in Punjaithuraiyam palayam, Erode by Equitas Small Finance Bank Ltd. — reserve price ₹4,99,000, 893 Sq.ft, Symbolic possession.

Bank auction property! This is a plot for sale in Gobichettipalayam, Erode, Tamil Nadu, offered by Equitas Small Finance Bank. The plot spans 893 sq.ft and is located in Punjaithuraiyam palayam Village with Natham No.337/1part. The auction is scheduled for July 7, 2026, with a reserve price of ₹499000. EMD is ₹49900 and bid increments are ₹10000. Don't miss this opportunity to invest in a strategically located plot through a bank auction.

GeoSquare note: This plot in Gobichettipalayam offers a fair investment opportunity at a relatively low reserve price. While the possession status is symbolic, the location in a developing area of Erode could provide long-term appreciation. The auction details are clearly defined, making it a manageable investment with potential growth.

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