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Residential Farm House in Velagoundampatti, Namakkal, Tamil Nadu

Velagoundampatti, Namakkal, Tamil Nadu

This residential property in Velagoundampatti, Namakkal, Tamil Nadu is up for auction by Indian Bank, at a reserve price of ₹1.85 Cr. The stated extent is 7.43 acres. An earnest-money deposit of ₹18.53 L is due by 18 Nov 2026, 05:00 PM IST. Bidding opens on 18 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.

Reserve price
₹1.85 Cr
Auction starts
18 Nov 2026, 10:00 AM IST

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

Auction details

Reserve price₹1.85 Cr
EMD amount₹18.53 L
Auction starts18 Nov 2026, 10:00 AM IST
Auction ends18 Nov 2026, 05:00 PM IST
EMD deadline18 Nov 2026, 05:00 PM IST
Inspection17-10-2026 11:00 – 18-11-2026 04:00
BankIndian Bank
BranchPULLAGOUNDAMPATTI - 961
Property typeResidential
Sub typeFarm House
Extent7.43 acres
PIN code637212
StatusUpcoming
Bank property IDIDIB6325590984
Type of auctionUnder SARFAESI
PossessionSymbolic
Borrower addressS/o Mr.Nachiappa Gounder 13/10, Street 5, CHB Colony Velur Road, Tiruchengode Namakkal 637211
Authorised officerMohammad Khalid Saiffullah (Authorised Officer - Scale - IV - CM)
Inspection contactSATHYA G, Branch Manager · 9442700030
Bid increment₹50,000
Auto-extensionExtends 5 min on a bid in the last 5 min
EMD window opens16 Oct 2026, 12:54

Legal description

All that piece and parcel of land together with the superstructure constructed thereon and to be constructed in future there at and situate in Namakkal Registration District, Velagoundampatti Sub-Registration District, Tiruchengode Taluk,Mavureddipatti Village , S.No.158/1 of Punja hector 0.33.0 equivalent to Punja acre 0.82, S.No.158/3A of Punja hector 1.16.5 equivalent to Punja acre 2.88 S.No.159/2 of Punja hector 0.90.5 equivalent to Punja acre 2.24 S.No.159/5 of Punja hector 0.06.5 equivalent to Punja acre 1.49 total extent Punja Acre 7.43 of land constructed there on RCC Roof building with all appurtenance, accessories and all passage and easementary rights attached therein.

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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.