All auctions / Tamil Nadu / Rasipuram

Industrial Plot with Factory Building for sale in Rasipuram

Rasipuram, Namakkal, Tamil Nadu – 637408

IDBI Bank · Salem

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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

  1. Inspect the property12 Nov 2026, 3:00 PM – 12 Nov 2026, 4:00 PM
  2. Pay EMD and submit bid by24 Nov 2026, 5:00 PM
  3. 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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