Independent research only · Not affiliated with any government, bank, or auction agency · Register, pay, and bid on the official source directly.
First listed20 Jul 2026
Relisted onceLatest 13 Oct 2026
Registration and EMD closed29 Oct 2026, 6:00 PM IST
Online auctionScheduled 30 Oct 2026, 11:00 AM–12:00 PM IST
HDB Financial ServicesStatus pending
Part of the land in Velipattanam, Ramanathapuram district:HDB Financial Services auction
Part of the land in Velipattanam, Ramanathapuram district, Tamil Nadu, listed by HDB Financial Services Limited under the SARFAESI Act, 2002. This is its second listing since Jul 2026, with the reserve down 10% on the first.
Registration closed on 29 Oct 2026, 6:00 PM IST. Reserve ₹58,57,110, EMD ₹5,85,711.
LandReserve ₹58,57,110Registration closed 29 Oct 2026
First seen · Source: HDB Financial Services listing on bankeauctions.com
Key facts HDB Financial Services auction of part of the land in Velipattanam, Ramanathapuram district
Lender
HDB Financial Services Limited
Status
Status pending
Property
Part of the land
Address
Plot 6, Block 13, Velipattanam, Ward D, Ramanathapuram Velipattanam post office, Ramanathapuram district, Tamil Nadu
Land area
960 sq ft
Possession
Not stated in the sale notice
Sold under
SARFAESI Act, 2002
Online auction
30 Oct 2026, 11:00 AM–12:00 PM IST
Registration and EMD closed
29 Oct 2026, 6:00 PM IST
Reserve price
₹58,57,110
Bidding
Bids rise in steps of ₹1,00,000, and a late bid extends the auction by 5 minutes, with no limit
Earnest money (EMD)
₹5,85,711, 10% of the reserve
Official source
HDB Financial Services listing 243094 on bankeauctions.com
Last verified
28 Oct 2026
Compiled from HDB Financial Services Limited’s listing 243094 on bankeauctions.com, as BiddingPulse’s records held it on 28 Oct 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 “₹58,57,110 reserve” means
What HDB Financial Services’s listing says
The lowest bid the lender will accept is ₹58,57,110, with a ₹5,85,711 EMD due by 29 Oct 2026, 6:00 PM IST. It is the second listing we have recorded; the first asked ₹65,07,900.
What BiddingPulse covers
All 2 listings we have recorded and their reserves, the property as the listing describes it, and what the SARFAESI sale rules require after the auction. BiddingPulse reads the sale notice only for the type of possession; inspection and dues are for you to check there. Names of borrowers and other people are left out.
Auction summary
Source: HDB Financial Services listing on bankeauctions.com
HDB Financial Services Limited is selling part of the land in Velipattanam, Ramanathapuram district, Tamil Nadu. Its sale notice doesn’t say whether the lender’s possession is physical or symbolic. 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.
Bidding starts at the reserve price of ₹58,57,110. To take part you pay an earnest-money deposit (EMD) of ₹5,85,711, 10% of the reserve, by 29 Oct 2026, 6:00 PM IST. The online auction is scheduled for 30 Oct 2026, 11:00 AM–12:00 PM IST. Bids rise in steps of ₹1,00,000, and a late bid extends the auction by 5 minutes, with no limit.
The lender has listed this property 2 times since 20 Jul 2026. The reserve is down 10% on the first listing.
Use the official listing below to read the sale notice, register, pay the EMD and bid. Check every figure here against it first.
Reserve price history
From the lender’s 2 listings on bankeauctions.com
HDB Financial Services has listed this property 2 times in our records, which start in May 2026. A listing counts as the same property when the lender, the city and nearly all of the description match. Banks don’t publish auction results, so the listings don’t say whether earlier rounds drew bids.
₹65,07,900
₹58,57,110−10%
1st22 Jul
Now29 Oct
Reserve down 10% across both listings, from ₹65,07,900to ₹58,57,110.
Listing
Registration deadline
Reserve and EMD
Source
First listing
22 Jul 2026
Reserve ₹65,07,900 · EMD ₹6,50,790
Listing 231991
Current listing
29 Oct 2026
Reserve ₹58,57,110, down 10% · EMD ₹5,85,711
Listing 243094
Auction & payment timeline
Source: HDB Financial Services listing on bankeauctions.com; SARFAESI sale rules
Stage
Date
What it means
Source
Sale notice published
9 Oct 2026
The listing’s press-release date for the lender’s sale notice
Listing 243094
Second listing seen
13 Oct 2026
First seen on bankeauctions.com
Listing 243094
Inspection
In the sale notice
The listing sets no date; the notice says whether and when you can visit
Sale notice
Registration and EMD closed
29 Oct 2026, 6:00 PM IST
Register, pay the EMD and submit your opening offer (usually at least the reserve); bidding itself is in the online auction
Listing 243094
Online auction
30 Oct 2026, 11:00 AM–12:00 PM IST
On bankeauctions.com. Bids rise in steps of ₹1,00,000, and a late bid extends the auction by 5 minutes, with no limit
Listing 243094
25% of the price
Sale day or next working day
The EMD counts toward it
SARFAESI Rule 9(3)
The other 75%
Within 15 days
From the bank’s confirmation of the sale; up to three months if the bank agrees in writing. The sale notice can set an earlier date, such as the 15th day from the auction; confirm the date with the authorised officer.
SARFAESI Rule 9(4)
Sale certificate
Once paid in full
Issued by the bank’s authorised officer
SARFAESI Rule 9(6)
Sale, possession and payment terms
The listing gives the property, the reserve, the EMD and the deadline. Possession, inspection, dues and the exact payment terms are in the lender’s sale notice, so read it before you pay the EMD.
Listing 243094
What exactly is being sold?
The middle part of Plot No. 6: 960 sq ft of land (about 89.2 sq m), about 30% of the plot’s 3,220 sq ft, in Block 13, Velipattanam, Ward D, Ramanathapuram Velipattanam post office, Ramanathapuram district, Tamil Nadu. It measures 40 ft east to west and 24 ft north to south. It has a 20 ft common pathway on the west, with Plot No. 7 on the east. It is recorded under patta No. 6, survey No. 292/4, T.S. No. 23/4B1A, old survey No. 292/4 (part) and new T.S. No. 23/481A. Personal names left out for privacy.
BiddingPulse explainer
What do the listing’s terms mean?
A patta is the revenue record of who holds the land.
Listing 243094; BiddingPulse explainer
Who can bid?
The listing sets no category of bidder. Bidding needs registration on bankeauctions.com with KYC documents and the EMD paid before the deadline, as the sale notice says. Registering or paying does not by itself make you eligible: the sale notice sets who may bid and on what terms, and BiddingPulse has not checked it for this listing.
Sale notice
Does the lender hold the property, and can I see it?
The lender’s sale notice doesn’t say whether its possession is physical or symbolic. The listing gives no inspection date. Symbolic possession can leave an occupant in place. Ask HDB Financial Services’s authorised officer before you pay the EMD.
Not in the listing
What dues and encumbrances are disclosed?
None in the listing. Unpaid property tax, society maintenance, electricity or water charges, and any other claim on the property can pass to the buyer. Ask the authorised officer in writing what the lender knows of, and check the sale notice.
SARFAESI sale rules, Rule 9; BiddingPulse explainer
What do I pay after the auction?
25% of the price, EMD included, on the sale day or the next working day, then the other 75% within 15 days of the bank confirming the sale; the bank can agree in writing to up to three months. The sale notice can set an earlier date, such as the 15th day from the auction; confirm the date with the authorised officer. The sale certificate follows full payment. Stamp duty and registration are extra and usually the buyer’s.
BiddingPulse explainer
Can I withdraw, and what if I miss a payment?
Bank sales are usually “as is where is”, with no recourse for defects found later. Under the sale rules a buyer who misses a payment loses the deposit already paid. The sale notice states the terms that apply.
Verify on the official source
Public HDB Financial Services listing
Check the reserve, EMD, dates and terms on the lender’s listing before you act. Bid on bankeauctions.com, and register and pay the EMD as the sale notice says: online for some lenders, by demand draft at a branch for others.
The reserve is ₹58,57,110 and the earnest-money deposit (EMD) is ₹5,85,711, 10% of the reserve. Registration, the EMD and opening offers were due by 29 Oct 2026, 6:00 PM IST; the bidding itself is in the online auction after that, and the sale notice sets how to pay the EMD.
Who can bid for this land?
The listing sets no category of bidder. You register on bankeauctions.com with KYC documents and pay the EMD before the deadline, as the sale notice says, but registering or paying does not by itself make you eligible: the bank’s sale notice sets who may bid and on what terms, and BiddingPulse has not checked this listing’s notice. Read it on the listing before you pay.
Has this property been listed before?
Yes. This is the second listing BiddingPulse has recorded. The first, with registration by 22 Jul 2026, asked ₹65,07,900; this one asks ₹58,57,110. Banks don’t publish auction results, so the listings don’t say whether earlier rounds drew bids.
Does the bank have possession, and can I inspect it?
The lender’s sale notice doesn’t say whether its possession is physical or symbolic. The listing gives no inspection date. Ask HDB Financial Services’s authorised officer before you pay the EMD.
What do I pay if my bid is accepted?
Under the SARFAESI sale rules, 25% of the price, with the EMD counted in it, on the sale day or the next working day, then the rest within 15 days of the bank confirming the sale, or up to three months if the bank agrees in writing. The sale notice can set an earlier date, such as the 15th day from the auction; confirm the date with the authorised officer. Stamp duty and registration are extra.
Where do I register and bid?
Bids are placed on bankeauctions.com, under HDB Financial Services’s terms. The sale notice gives the registration and EMD payment details: online for some lenders, by demand draft at a branch for others. BiddingPulse is independent research and does not accept registrations, deposits or bids.