Property auction · Upcoming
Industrial Plot with Factory Building in Rasipuram
Industrial Development Bank of India LimitedIndustrial Plot with Factory BuildingSymbolic possessionRef. AS-7A35F2218B27F201
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Primary auction documentOfficial sale noticeRead the complete description, conditions and payment instructions before taking any action.
Property information
AS-7A35F2218B27F201Property details
K.K.Thottam,(Velandipalayam Road), Kakaveri Village, Rasipuram Taluk
- Asset category
- Industrial & Factory
- Asset type
- Industrial Plot with Factory Building
- Sale process
- Under SARFAESI
- Possession
- Symbolic
- City
- Rasipuram
- District
- Namakkal
- State
- Tamil Nadu
- PIN code
- 637408
- Borrower
- M/s Venkatrayar Sago Factory and M/s K. Venkatraman & Co.
- Selling institution
- Industrial Development Bank of India Limited
- Branch
- Salem
- Area
- 33.10 acres
- Loan available
- No
Auction schedule
01Inspection12 Nov 2026, 3:00 pm – 12 Nov 2026, 4:00 pm
02EMD deadline24 Nov 2026, 5:00 pm
03Auction25 Nov 2026, 10:30 am–11:30 am
Auction rules
- Bid increment
- ₹5 lakh
- Extension rule
- A valid bid received in the final 5 minutes extends the auction by 5 minutes.
Research record
1 auctionAuction record
See the recorded dates and reserve prices for this asset. Matched re-auctions appear as separate attempts.
- Upcoming25 Nov 2026, 10:30 am–11:30 amReserve price ₹33.19 CrThis page →
Before you bid
Understand possession first
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- Ask who occupies the property and what the possession process involves.
- Ask an independent professional to review title, boundaries and disclosed encumbrances.
- Confirm outstanding dues, payment deadlines and the stated handover conditions.
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