Property auction · Upcoming

Industrial Plot with Factory Building in Tiruvannamalai

Canara BankIndustrial Plot with Factory BuildingSymbolic possessionRef. AS-381447F6B47490F0
Primary auction documentOfficial sale noticeRead the complete description, conditions and payment instructions before taking any action.
Property information

Property details

AS-381447F6B47490F0

Property 1 in the name of M/s. Palar Paper Mill Ltd:- All that Piece and Parcel of the Industrial Land and Factory Building Construction situated at Tiruvannamalai District, Kalasappakkam Sub-District, Polur Taluk, Kappalur Village, as follows; Item No.1: 1. Govt Punja S.No.645/1 to the extent of 3.46 Acres 2. Govt Punja S.No.645/3 to the extent of 3.34 Acres Total Extent: 6.80 Acres Item No.2: 1. Govt Punja S.No.442/1 to the extent of 0.57 Acres 2. Govt Punja S.No.442/4 to the extent of 1.99 Acres 3. Govt Punja S.No.442/5 to the extent of 2.15 Acres 4. Govt Punja S.No.442/6 to the extent of 1.96 Acres Total Extent: 6.67 Acres Item No.3: 1. Govt Punja S.No.445/9 to the extent of 4.80 Acres Item No.4: 1. Govt Punja S.No.443/1 to the extent of 0.54 Acres 2. Govt Punja S.No.444/3 to the extent of 0.85 Acres 3. Govt Punja S.No.441/10 to the extent of 1.02 Acres Total Extent: 2.41 Acres Item No.5: 1. Govt Punja S.No.441/2B to the extent of 2.30 Acres 2. Govt Punja S.No.442/3 to the extent of 1.23 Acres 3. Govt Punja S.No.441/3 to the extent of 0.41 Acres Total Extent: 3.94 Acres Gross Total Extent of the Area is 24.62 Acres Property 2 in the name of M/s. Palar Paper Mill Ltd:- All the Machineries available at Piece and Parcel of the Factory located at Tiruvannamalai District, Kalasappakkam Sub-District, Polur Taluk, Kappalur Village. Note: Both Property 1 & Property 2 will be sold together as a single unit (Combined lot). No individual bids for either of these 2 properties will be entertained.

Asset category
Industrial & Factory
Asset type
Industrial Plot with Factory Building
Sale process
Under SARFAESI
Possession
Symbolic
City
Tiruvannamalai
State
Tamil Nadu
PIN code
606601
Borrower
Palar paper Mills Limited
Selling institution
Canara Bank
Branch
Chennai Specialised Arm Branch
Area
24.62 acres
Loan available
No
Important dates

Auction schedule

01Inspection9 Nov 2026, 11:00 am – 9 Nov 2026, 4:00 pm
02EMD deadline10 Nov 2026, 5:00 pm
03Auction11 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
₹10 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
    11 Nov 2026, 10:30 am–11:30 amReserve price ₹36.70 Cr
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