2424 square feet Industrial Plot with Factory Building for sale in Chennimalai

Key dates

1. Inspect the property17 Oct 2026, 10:00 AM – 19 Oct 2026, 4:00 PM
2. Pay EMD and submit bid by20 Nov 2026, 3:00 PM
3. Auction20 Nov 2026, 10:00 AM – 4:00 PM · in 34 days

What you'd pay at the reserve price

EMD, before the auction

₹8,74,400

Rest of 25% when you win (same or next day)

₹13,11,600

Balance 75%, usually within 15 days

₹65,58,000

Stamp duty and registration (about 5–8%, varies by state)

₹4.37 L – ₹7.00 L

You may bid above the reserve in steps of ₹50,000. 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

Old S.F.No 19 , R.S.No.716/17 , new sub div R.S.No.716/17A1 , Door nos.48/2 , 48/3, 48/4, Arachalur Road , Ammapalayam , Chennimalai.

Borrower

Hari Spinners - M C Moorthy (Guarantor/ Mortgagor)