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Industrial Shed with Plant and Machinery in Sankarankoil, Tenkasi, Tamil Nadu
Sankarankoil, Tenkasi, Tamil Nadu
This industrial property in Sankarankoil, Tenkasi, Tamil Nadu is up for auction by Indian Bank, at a reserve price of ₹13.88 Cr. The stated extent is 16 acres. An earnest-money deposit of ₹1.39 Cr is due by 11 Dec 2026, 4:00 pm IST. Bidding opens on 11 Dec 2026, 11:00 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 | ₹13.88 Cr |
|---|---|
| EMD amount | ₹1.39 Cr |
| Auction starts | 11 Dec 2026, 11:00 am IST |
| Auction ends | 11 Dec 2026, 4:00 pm IST |
| EMD deadline | 11 Dec 2026, 4:00 pm IST |
| Inspection | 02-12-2026 10:00 – 03-12-2026 16:00 |
| Bank | Indian Bank |
| Branch | SAM SMALL COIMBATORE - 1586 |
| Property type | Industrial |
| Sub type | Shed with Plant and Machinery |
| Extent | 16 acres |
| PIN code | 627756 |
| Status | Upcoming |
| Bank property ID | IDIB3319686688 |
| Type of auction | Under SARFAESI |
| Possession | Symbolic |
| Borrower address | SF No.3/455, Murugusamy Gounder Thottam, Manickapuram Road, Palladam - 641 664 |
| Authorised officer | V Vijaya Poornima (Authorised Officer - Scale - IV - CM) |
| Inspection contact | V Vijaya Poornima · 9442646501 |
| Bid increment | ₹500,000 |
| Auto-extension | Extends 10 min on a bid in the last 10 min |
| EMD window opens | 06 Nov 2026, 16:20 |
| Village | Vayali |
| Registration | Sub-registrar reference in the notice |
Legal description
Total Extent of 16.19 Acres land with right of way from Sankarnkovil to Rajapalayam Road right side Kuvalaikani to Subalapuram Road Southern side of S.F. No. 4, 5/1, 5/2 of Kuvalaikani village mentioned in the pathway Right Agreement vide Doc No. 345/2020 (Shree Senbaganarayanan to M/s GSM Powers) by SRO Karivalamvandhanallur and S.F. No- 5/2 Southern side of S.F.387, 386/1, 376/1 of Vayali Village mentioned in the pathway Right Agreement vide Doc No. 357/2020 (M/s SB Wind Energy Pvt Ltd to M/s GSM Powers) by SRO Karivalamvandhanallur. Machineries such as PV Modules, Solar Inverter, Panel Mounting Structures, Electrical Items, Switchyard electrical items, Substation work, land and civil works, Statutory payments, Transmission line work and Miscellaneous items situated in mortgaged land.
More auctions in Sankarankoil
See all bank auctions in Sankarankoil, 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.