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Industrial Industrial Plot with Factory Building 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 ₹87.44 L. The stated extent is 2,424 sq ft. An earnest-money deposit of ₹8.74 L is due by 20 Nov 2026, 03:00 PM IST. Bidding opens on 20 Nov 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 | ₹87.44 L |
|---|---|
| EMD amount | ₹8.74 L |
| Auction starts | 20 Nov 2026, 10:00 AM IST |
| Auction ends | 20 Nov 2026, 04:00 PM IST |
| EMD deadline | 20 Nov 2026, 03:00 PM IST |
| Inspection | 17-10-2026 10:00 – 19-10-2026 16:00 |
| Bank | Indian Bank |
| Branch | CHENNIMALAI - 1397 |
| Property type | Industrial |
| Sub type | Industrial Plot with Factory Building |
| Extent | 2,424 sq ft |
| PIN code | 638051 |
| Status | Upcoming |
| Bank property ID | IDIB7260307637 |
| Type of auction | Under SARFAESI |
| Possession | Symbolic |
| Borrower address | S F No 783/1A Thanneer Pandal Murugatholuvu village Chennimalai Perundurai Tk Erode Dt 638051 |
| Authorised officer | Rakesh Ranjan (Authorised Officer - Scale - IV - CM) |
| Inspection contact | POOVEL T · 9442631644 |
| Bid increment | ₹50,000 |
| Auto-extension | Extends 10 min on a bid in the last 10 min |
| EMD window opens | 16 Oct 2026, 20:22 |
Legal description
Old S.F.No 19 , R.S.No.716/17 , new sub div R.S.No.716/17A1 , Door nos.48/2 , 48/3, 48/4, Arachalur Road , Ammapalayam , Chennimalai.
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.