Property auction · Upcoming

18041 sq ft Plot in Ellandaikuttai

Indian Overseas BankPlotSymbolic possessionRef. AS-E7026C4F67B660FA
Primary auction documentOfficial sale noticeRead the complete description, conditions and payment instructions before taking any action.
Property information

Property details

AS-E7026C4F67B660FA

Item:1: Property belongs to Mr. M P Sakthivel An extent of 8485 Sq. FT. of land situate within the following boundaries: North of: 30 Links width east-west cart track East of: Property belongs to Mrs. R Subha South of: Orakuli Kadu West of: Property belongs to Mrs. P Rajamani Measuring East west on the North side 67’8’’ East west on the South side 70’6’’ North south on the east side 115’ North south on the west side 130’6’’ Item:2: Property belongs to Mrs. R Subha An extent of 9556 Sq. FT. of land situate within the following boundaries: North of: 30 Links width east-west cart track East of: Mrs. Rajamani property South of: Orakuli Kadu West of: Property belongs to Mr. M P Sakthivel Measuring East west on the North side 67’8’’ East west on the South side 70’6’’ North south on the east side 130’6 North south on the west side 146’ The item No. 1 & 2 property totally to the extent of 18041 Sq. Ft. with entire super structures therein with accessories situated within ward no. 4 of Pallipalayam Agraharam Village Panchayat bearing Door No.4-447, 4-447/2, 3, 4, 5, 6, 7 & 8.

Asset category
Land & Plot
Asset type
Plot
Sale process
Under SARFAESI
Possession
Symbolic
City
Ellandaikuttai
District
Namakkal
State
Tamil Nadu
PIN code
638008
Borrower
Rakshitha Textiles
Selling institution
Indian Overseas Bank
Branch
Specialised Arm Branch, Coimbatore-1551
Area
18041.00 sq feet
Loan available
No
Important dates

Auction schedule

01Inspection14 Oct 2026, 10:00 am – 10 Nov 2026, 6:25 pm
02EMD deadline10 Nov 2026, 10:00 pm
03Auction11 Nov 2026, 10:30 am–1:30 pm
All times are in Indian Standard Time (IST). Confirm any changes in the official notice.
Bidding information

Auction rules

Bid increment
₹1 lakh
Extension rule
A valid bid received in the final 10 minutes extends the auction by 10 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–1:30 pmReserve price ₹2.29 Cr
    This page →
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  1. Ask who occupies the property and what the possession process involves.
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  3. Confirm outstanding dues, payment deadlines and the stated handover conditions.
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