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Industrial Industrial Plot with Factory Building in Tiruppur, Tamil Nadu

Tiruppur, Tamil Nadu

This industrial property in Tiruppur, Tamil Nadu is up for auction by Canara Bank, at a reserve price of ₹13.13 Cr. The stated extent is 27,528 sq ft. An earnest-money deposit of ₹1.31 Cr is due by 18 Nov 2026, 11:00 am IST. Bidding opens on 18 Nov 2026, 11:30 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
₹13.13 Cr
Auction starts
18 Nov 2026, 11:30 am IST

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

Auction details

Reserve price₹13.13 Cr
EMD amount₹1.31 Cr
Auction starts18 Nov 2026, 11:30 am IST
Auction ends18 Nov 2026, 12:30 pm IST
EMD deadline18 Nov 2026, 11:00 am IST
BankCanara Bank
BranchCOIMBATORE SPECIALISED ARM BRANCH
Property typeIndustrial
Sub typeIndustrial Plot with Factory Building
Extent27,528 sq ft
PIN code641652
StatusUpcoming
Bank property IDCNRB123187370
Type of auctionUnder SARFAESI
PossessionSymbolic
Borrower addressM/S Southern Steels SF NO 59/9 AND 59/10 VEDAL VILLAGE, ENATHUR JUNCTION, CHENNAI BANGLORE HIGHWAY, KANCHIPURAM.
Authorised officerSHIVA PRASAD G (CHECKER MANAGER)
Inspection contactRAM PRASANNA S T · 9344100372
Bid increment₹100,000
Auto-extensionExtends 5 min on a bid in the last 5 min
EMD window opens05 Nov 2026, 17:01
VillageRakkiyapalayam
Taluka / tehsildar

Legal description

In the Tirupur Registration District, Avinashi Sub Registration District, Tirupur District, Avinashi Taluk, Thirumuruganpoondi Town Panchayat, Rakkiyapalayam Village, in G.S.No.572/2 lands measuring Acres 2.40 Kist Rs. 3.29 in this the lands since subdivided as GS No. 572/2B lands measuring Acres 1.57 Kist Rs 2.15 in this The lands further subdivided as G.S.No.572/2C2B land measuring 0.67 ¼ acres situated within the following boundaries. East of -Land owned by G.Palaniyammal in GS.No 572/2A & common thurasthu well & land in GS.No. 572/2B South of- Land sold by Rukmani and others to Vengadachalam and others West of- Land owned by P.Dhanapal under ‘Schedule B' & 23 ft wide common pathway land measuring 0.05 ¼ acre allotted by Rukmani and others North of- Lands owned by Late Nachimuthu gounder and other & Late Ramasamy and others Amidst this the lands measuring 0.67 ¼ acres (as per the latest revenue sub-division the lands in situated in G.S. No. 572/2C2B lands measuring 0.2720 hectares in Patta No.2084) and rights to use the passage rights mentioned under rectification Deed No 8545/2021, Page No.8. (As per Certificate of Tahsildar, Avinashi, Mu. Mu. No. 2231/2022/A1 dated 16.05.2022 and the Notarized affidavit of the title holder the above lands are not agricultural lands.) (Detailed description in document No. 8545/2021). Together with superstructure there on.

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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.