Land and shedsReserve ₹7 CrRegister and pay the EMD by 7 Dec 2026
First seen · Source: Encore Asset Reconstruction Company listing on bankeauctions.com; lender’s sale documents
Key facts Encore Asset Reconstruction Company auction of land and sheds in Mariputhur
Lender
Encore Asset Reconstruction Company Private Limited
Status
Registration open
Property
Land and sheds
Address
Mariputhur 603306, Chengalpattu district, Tamil Nadu
Possession
Symbolic
Sold under
SARFAESI Act, 2002
Online auction
8 Dec 2026, 11:00 AM–1:00 PM IST
Registration and EMD close
7 Dec 2026, 3:00 PM IST
Reserve price
₹7,00,00,000
Bidding
See the bidding rules below for increments and extensions
Inspection
Inspection is scheduled for 17 November 2026, 10:00 AM–3:00 PM IST. Arrange access with the authorised officer.
Earnest money (EMD)
₹70,00,000, 10% of the reserve
Official source
Encore Asset Reconstruction Company listing 244937 on bankeauctions.com
Last verified
3 Nov 2026
Compiled from Encore Asset Reconstruction Company Private Limited’s listing 244937 and its linked sale documents on bankeauctions.com, checked on 3 Nov 2026. BiddingPulse is independent research, not affiliated with the lender or bankeauctions.com; follow the lender’s registration and payment instructions. The sale follows the lender’s published process.
On the numbers
What the “₹7 Cr reserve” means
What Encore Asset Reconstruction Company’s sale documents say
The reserve is ₹7,00,00,000, with an EMD of ₹70,00,000. The published submission deadline is 7 Dec 2026, 3:00 PM IST. The highest bid is subject to acceptance under the sale notice.
What BiddingPulse covers
The property, dates, possession, participation requirements, payments and material risks in the linked sale documents, read on 3 Nov 2026. Any conflict or missing detail is identified below. This is not a title or occupancy verification. Names of borrowers and other people are left out.
Auction summary
Source: Encore Asset Reconstruction Company listing on bankeauctions.com; lender’s sale documents
Encore Asset Reconstruction Company Private Limited is selling land and sheds in Mariputhur, Tamil Nadu. Its sale notice says the lender has taken symbolic possession. The property is security for a loan, and the lender is selling it under the SARFAESI Act, 2002, which lets a lender sell a defaulted loan’s security without going to court.
The reserve is ₹7,00,00,000 and the notice EMD is ₹70,00,000. Submission closes 7 Dec 2026, 3:00 PM IST. The online auction is scheduled for 8 Dec 2026, 11:00 AM–1:00 PM IST. See the bidding rules below for increments and extensions. Inspection is set for 17 Nov 2026, 10:00 AM–3:00 PM IST.
Use the official listing below to read the sale notice, register, pay the EMD and bid. Check every figure here against it first.
Auction & payment timeline
Source: Encore Asset Reconstruction Company listing on bankeauctions.com; lender’s sale documents; SARFAESI sale rules
Stage
Date
What it means
Source
Platform press date
31 Oct 2026
Publication date shown by the official listing. First coverage is dated separately.
Listing 244937
Listing seen
3 Nov 2026
First seen on bankeauctions.com
Listing 244937
Inspection
17 Nov 2026, 10:00 AM–3:00 PM IST
Inspection is scheduled for 17 November 2026, 10:00 AM–3:00 PM IST. Arrange access with the authorised officer.
Sale notice
Registration and EMD close
7 Dec 2026, 3:00 PM IST
Register, pay the EMD and submit your opening offer (usually at least the reserve); bidding itself is in the online auction
Listing 244937
Online auction
8 Dec 2026, 11:00 AM–1:00 PM IST
See the bidding rules below for bid increments, extensions and any conflicting instructions.
Read the requirements and risks from this lot’s sale documents, checked on 3 Nov 2026. Follow the lender’s originals and any later amendment before paying.
Sale documents
What exactly is being sold?
One bundled sale of four scheduled land interests with poultry sheds at Mariputhur, Madurantakam taluk, Chengalpattu, Tamil Nadu 603306. Property 1 comprises 7.79 acres across the survey parcels below.
Property 2 describes 0.30 acre out of 0.60 acre in old Survey 6/6-C, new 6/6-C1; Property 3 describes 0.32 acre in old Survey 6/2, new 6/6-C2; Property 4 repeats the same old/new survey and 0.30-acre description as Property 2.
The repetition is unresolved; no combined total beyond the explicitly stated Property 1 extent is asserted.
Personal names left out for privacy.
Sale documents
Which land records identify the holdings?
Use these identifiers to match the property to the lender’s notice.
0.30 acre out of 0.60 acre, old Survey 6/6-C, new 6/6-C1.
Property 3
0.32 acre, old Survey 6/2, new 6/6-C2.
Property 4
0.30 acre out of 0.60 acre, old Survey 6/6-C, new 6/6-C1, repeated from Property 2. Obtain clarification rather than counting it twice.
What are the reserve price and EMD for this land and sheds?
The reserve is ₹7,00,00,000 and the earnest-money deposit (EMD) is ₹70,00,000. The published submission deadline is 7 Dec 2026, 3:00 PM IST. The online auction is a separate event; follow the notice’s payment and document instructions.
Who can bid for this land and sheds, and how do I register?
Submit the bid form, PAN, photo identity/address proof, relevant company authority, EMD transfer reference and cancelled cheque to the authorised officer. Pay EMD through the notice’s NEFT/RTGS route before 7 December, 3:00 PM IST.
A submitted bid cannot be withdrawn; if the bidder does not bid online, the amount entered on the bid form may be treated as the final offer.
Does the bank have possession, and can I inspect it?
The lender’s sale notice says it has taken symbolic possession: on paper, without moving anyone out. Inspection is scheduled for 17 November 2026, 10:00 AM–3:00 PM IST.
Arrange access with the authorised officer. Symbolic possession can leave an occupant in place.
Ask Encore Asset Reconstruction Company’s authorised officer before you pay the EMD.
What do I pay if my bid is accepted?
Pay 25% of the accepted price, including EMD, immediately on being declared the highest bidder. The remaining 75% is due within 15 days of sale confirmation, unless the secured creditor agrees a written extension.
Default can forfeit deposits and sums paid. Unsuccessful EMD is returned within seven working days without interest.
The notice moves a deadline falling on a holiday to the next working day; confirm any application with the officer.
What other charges or claims could I face?
The buyer bears stamp duty, registration and transfer costs, applicable taxes, municipal and utility dues and other liabilities affecting the property. Verify title, access, permitted use and outstanding charges independently before bidding.
What are the withdrawal, payment and sale risks?
The sale is on as-is terms and remains subject to the authorised officer’s acceptance. The lender may reject bids, postpone or cancel the sale under its notice.
Possession wording is not a guarantee of vacant access or clear title. The notice states symbolic possession; the buyer must investigate actual occupation, title and the exact scheduled interests.
Stamp duty, registration, applicable GST and statutory/non-statutory dues are additional.
What are the bidding rules?
Bids rise in increments of ₹100,000. The scheduled closing time may extend under the notice’s late-bid rules.
Public Encore Asset Reconstruction Company listing
Check the latest notice and any amendments before paying. Follow the registration, payment and bidding instructions above and in the lender’s documents. BiddingPulse accepts no registrations, deposits or bids.