Property auction · Upcoming

Industrial Plot with Factory Building in Rasipuram

Industrial Development Bank of India LimitedIndustrial Plot with Factory BuildingSymbolic possessionRef. AS-7A35F2218B27F201
Primary auction documentOfficial sale noticeRead the complete description, conditions and payment instructions before taking any action.
Property information

Property details

AS-7A35F2218B27F201

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.
Branch
Salem
Area
33.10 acres
Loan available
No
Important dates

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
All times are in Indian Standard Time (IST). Confirm any changes in the official notice.
Bidding information

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

Auction record

1 auction

See the recorded dates and reserve prices for this asset. Matched re-auctions appear as separate attempts.

  1. Upcoming
    25 Nov 2026, 10:30 am–11:30 amReserve price ₹33.19 Cr
    This page →
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Understand possession first

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  1. Ask who occupies the property and what the possession process involves.
  2. Ask an independent professional to review title, boundaries and disclosed encumbrances.
  3. Confirm outstanding dues, payment deadlines and the stated handover conditions.
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