7000 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

₹9,14,600

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

₹13,71,900

Balance 75%, usually within 15 days

₹68,59,500

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

₹4.57 L – ₹7.32 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 679, New R.S.No.783/1 , Sub Div R.S.No.783/1A, Kandapagoundenvalasu, Murungatholuvu, Chennimalai , Erode

Borrower

Hari Spinners- A.M.Hareeswaran(Borrower/Mortgagor)