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Industrial Shed with Plant and Machinery in Chennimalai, Erode, Tamil Nadu
Chennimalai, Erode, Tamil Nadu
This industrial property in Chennimalai, Erode, Tamil Nadu is up for auction by Indian Bank, at a reserve price of ₹88.76 L. The stated extent is 43,560 sq ft. An earnest-money deposit of ₹8.88 L is due by 28 Oct 2026, 03:00 PM IST. Bidding opens on 28 Oct 2026, 10:00 AM IST on the official e-auction portal. The listing is republished from a statutory SARFAESI sale notice and refreshed daily; verify every detail against the notice before bidding.
Open the full listingSale notice (PDF)View on the official portal
Auction details
| Reserve price | ₹88.76 L |
|---|---|
| EMD amount | ₹8.88 L |
| Auction starts | 28 Oct 2026, 10:00 AM IST |
| Auction ends | 28 Oct 2026, 04:00 PM IST |
| EMD deadline | 28 Oct 2026, 03:00 PM IST |
| Inspection | 14-10-2026 10:00 – 27-10-2026 16:00 |
| Bank | Indian Bank |
| Branch | CHENNIMALAI - 1397 |
| Property type | Industrial |
| Sub type | Shed with Plant and Machinery |
| Extent | 43,560 sq ft |
| PIN code | 638051 |
| Status | Upcoming |
| Bank property ID | IDIB3864082151 |
| Type of auction | Under SARFAESI |
| Possession | Symbolic |
| Borrower address | 67,THANNEER PANTHAL, KUMARAPALAYAM ROAD, MURUNGATHOZHUVU(PO) CHENNIMALAI TAMILNADU 638051 |
| Authorised officer | Rakesh Ranjan (Authorised Officer - Scale - IV - CM) |
| Inspection contact | POOVEL T · 9442631644 |
| Bid increment | ₹25,000 |
| Auto-extension | Extends 10 min on a bid in the last 10 min |
| EMD window opens | 13 Oct 2026, 21:00 |
| Village | Murugatholuvu |
| Door no. | 8/225 |
Legal description
DOOR NO 8/225, 8/67, 8/191, 4/241, OLD SF NO 679, RSF NO 783/1-pt, Kandhappa Goundenvasu Road, Thannerpandal, Murugatholuvu Village & Panchayat, Perundurai taluk, Erode District-638051
More auctions in Chennimalai
See all bank auctions in Chennimalai, Tamil Nadu →This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.