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Shed with Plant and Machinery for sale in Arakonam Arakonam

Arakonam, Ranipet, Tamil Nadu – 631006

Punjab National Bank · ARMB CHENNAI 361200

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹2,30,00,000
EMD
₹23,00,000
Bid increment
₹1,00,000

This is the 5th auction of this property. The last auction had a reserve of ₹36,00,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Pay EMD and submit bid by27 Oct 2026, 3:59 PM
  2. Auction27 Oct 2026, 11:00 AM – 4:00 PM · in 12 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
27 Oct 2026₹2,30,00,000+538.9%Upcoming
24 Sep 2026₹36,00,000-84.3%Closed
4 Aug 2026₹2,30,00,000—Closed
16 Jun 2026₹2,30,00,000-5.0%Closed
18 Feb 2026₹2,42,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹23,00,000
Rest of 25% when you win (same or next day)
₹34,50,000
Balance 75%, usually within 15 days
₹1,72,50,000
Stamp duty and registration (about 5–8%, varies by state)
₹11.50 L – ₹18.40 L

You may bid above the reserve in steps of ₹1,00,000. 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 · Shed with Plant and Machinery
Possession
Symbolic
Address
19/1A2, AGAN STREET
Borrower
HEALTH WINNER

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