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Residential Plot in Ellandaikuttai, Namakkal, Tamil Nadu

Ellandaikuttai, Namakkal, Tamil Nadu

This residential property in Ellandaikuttai, Namakkal, Tamil Nadu is up for auction by Indian Overseas Bank, at a reserve price of ₹2.29 Cr. The stated extent is 18,041 sq ft. An earnest-money deposit of ₹22.91 L is due by 10 Nov 2026, 10:00 PM IST. Bidding opens on 11 Nov 2026, 10:30 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.

Reserve price
₹2.29 Cr
Auction starts
11 Nov 2026, 10:30 AM IST

Open the full listingSale notice (PDF)View on the official portal

Auction details

Reserve price₹2.29 Cr
EMD amount₹22.91 L
Auction starts11 Nov 2026, 10:30 AM IST
Auction ends11 Nov 2026, 01:30 PM IST
EMD deadline10 Nov 2026, 10:00 PM IST
Inspection14-10-2026 10:00 – 10-11-2026 18:25
BankIndian Overseas Bank
BranchSPECIALISED ARM BRANCH, COIMBATORE-1551
Property typeResidential
Sub typePlot
Extent18,041 sq ft
PIN code638008
StatusUpcoming
Bank property IDIOBARAKSHITHA02
Type of auctionUnder SARFAESI
PossessionSymbolic
Borrower addressVacant land with extent of 18041 Sq. Ft. at Pymash No. 187 (Pacharsanthar Boomi), Door No.4, 447/1, 4, 447/2 to 5, SF No. 168/3, R S No. 168/3B2, Ward No.2, Kumaran Nagar, Opposite to Jayalakshmi Theatre, Pallipalayam to Kumarapalayam Main Road, Kumarapalayam Taluk, Namakkal-638008, in the name of Mr. M P Sakthivel, S/o Mr. K M Panneerselvam and Mrs. R Subha, W/o Mr. K M Panneerselvam.
Authorised officerRakesh Mistri (Chief Manager)
Inspection contactMukesh Kumar · 7890715331
Bid increment₹100,000
Auto-extensionExtends 10 min on a bid in the last 10 min
EMD window opens13 Oct 2026, 12:32
Parcels in this lot3
Extent (sale notice)18,041 sq ft + 8,485 sq ft + 9,556 sq ft
VillageAgraharam
Taluka / tehsilKumarapalayam
Door no.187, 4, 4-447

Legal description

Vacant land with extent of 18041 Sq. Ft. at Pymash No. 187 (Pacharsanthar Boomi), Door No.4, 447/1, 4, 447/2 to 5, SF No. 168/3, R S No. 168/3B2, Ward No.2, Kumaran Nagar, Opposite to Jayalakshmi Theatre, Pallipalayam to Kumarapalayam Main Road, Kumarapalayam Taluk, Namakkal-638008, in the name of Mr. M P Sakthivel, S/o Mr. K M Panneerselvam and Mrs. R Subha, W/o Mr. K M Panneerselvam. Item:1: Property belongs to Mr. M P Sakthivel An extent of 8485 Sq. FT. of land situate within the following boundaries: North of: 30 Links width east-west cart track East of : Property belongs to Mrs. R Subha South of: Orakuli Kadu West of : Property belongs to Mrs. P Rajamani Measuring East west on the North side 67’8’’ East west on the South side 70’6’’ North south on the east side 115’ North south on the west side 130’6’’ Item:2: Property belongs to Mrs. R Subha An extent of 9556 Sq. FT. of land situate within the following boundaries: North of: 30 Links width east-west cart track East of : Mrs. Rajamani property South of: Orakuli Kadu West of : Property belongs to Mr. M P Sakthivel Measuring East west on the North side 67’8’’ East west on the South side 70’6’’ North south on the east side 130’6 North south on the west side 146’ The item No. 1 & 2 property totally to the extent of 18041 Sq. Ft. with entire super structures therein with accessories situated within ward no. 4 of Pallipalayam Agraharam Village Panchayat bearing Door No.4-447, 4-447/2, 3, 4, 5, 6, 7 & 8.

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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.