All auctions / Tamil Nadu / Rasipuram
Industrial Plot with Factory Building for sale in Rasipuram
Rasipuram, Namakkal, Tamil Nadu – 637408
IDBI Bank · Salem
- Reserve price
- ₹33,19,00,000
- EMD
- ₹3,31,90,000
- Bid increment
- ₹5,00,000
- Area
- 33.10 acres
- Price per sq ft
- ₹230
Key dates
- Inspect the property12 Nov 2026, 3:00 PM – 12 Nov 2026, 4:00 PM
- Pay EMD and submit bid by24 Nov 2026, 5:00 PM
- Auction25 Nov 2026, 10:30 AM – 11:30 AM · in 40 days
What you'd pay at the reserve price
- EMD, before the auction
- ₹3,31,90,000
- Rest of 25% when you win (same or next day)
- ₹4,97,85,000
- Balance 75%, usually within 15 days
- ₹24,89,25,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹1.66 Cr – ₹2.66 Cr
You may bid above the reserve in steps of ₹5,00,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.
Property
- Type
- Industrial · Industrial Plot with Factory Building
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- K.K.Thottam,(Velandipalayam Road), Kakaveri Village, Rasipuram Taluk
- Borrower
- M/s Venkatrayar Sago Factory and M/s K. Venkatraman & Co.
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