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K.K.Thottam,(Velandipalayam Road), Kakaveri Village, Rasipuram Taluk
Rasipuram, Namakkal, Tamil Nadu
This industrial property in Rasipuram, Namakkal, Tamil Nadu is up for auction by Industrial Development Bank of India Limited, at a reserve price of ₹33.19 Cr. The stated extent is 33 acres. An earnest-money deposit of ₹3.32 Cr is due by 24 Nov 2026, 05:00 PM IST. Bidding opens on 25 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.
Open the full listingSale notice (PDF)View on the official portal
Auction details
| Reserve price | ₹33.19 Cr |
|---|---|
| EMD amount | ₹3.32 Cr |
| Auction starts | 25 Nov 2026, 10:30 AM IST |
| Auction ends | 25 Nov 2026, 11:30 AM IST |
| EMD deadline | 24 Nov 2026, 05:00 PM IST |
| Inspection | 12-11-2026 15:00 – 12-11-2026 16:00 |
| Bank | Industrial Development Bank of India Limited |
| Branch | Salem |
| Property type | Industrial |
| Sub type | Industrial Plot with Factory Building |
| Extent | 33 acres |
| PIN code | 637408 |
| Status | Upcoming |
| Bank property ID | IBKL -7 |
| Type of auction | Under SARFAESI |
| Possession | Symbolic |
| Borrower address | No.1/169-1, Arasapalayam, Velampalayam Road, Near Muthayammal College, Kakkaveri, Rasipuram – 637408. |
| Authorised officer | Shri Gangadhar N (Authorised Officer - Scale - IV - CM) |
| Inspection contact | V Sundar · 9445456486 |
| Bid increment | ₹500,000 |
| Auto-extension | Extends 5 min on a bid in the last 5 min |
| EMD window opens | 14 Oct 2026, 14:29 |
| Village | Kakaveri |
| Taluka / tehsil | Rasipuram |
More auctions in Rasipuram
See all bank auctions in Rasipuram, 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.