All auctions / Tamil Nadu / Rasipuram
MIXED for sale in VEPPILAIPATTI PUDHUR Rasipuram
Rasipuram, Namakkal, Tamil Nadu – 636202
Bank of India · ARB COIMBATORE
- Reserve price
- ₹1,52,00,000
- EMD
- ₹15,20,000
- Bid increment
- ₹50,000
- Area
- 2.24 acres
- Price per sq ft
- ₹156
This is the 3rd auction of this property. The last auction had a reserve of ₹1,52,00,000. Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property8 Oct 2026, 10:00 AM – 26 Oct 2026, 5:00 PM
- Pay EMD and submit bid by27 Oct 2026, 4:00 PM
- Auction27 Oct 2026, 11:00 AM – 5:00 PM · in 11 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 27 Oct 2026 | ₹1,52,00,000 | — | Upcoming |
| 25 Sep 2026 | ₹1,52,00,000 | — | Closed |
| 11 Aug 2026 | ₹1,52,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹15,20,000
- Rest of 25% when you win (same or next day)
- ₹22,80,000
- Balance 75%, usually within 15 days
- ₹1,14,00,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹7.60 L – ₹12.16 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
- Other · Others
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- EQM OF LAND AND BUILDING SITUATED AT D.NO.69/162,, JOINT PATTA NO.157,285 & 299 OLD S.NO.22/6 PART & 25/3B/B PART, PARAVAIKADU MAIN ROAD, VEPPILAIPATTI PUDHUR, VAZHAPADDI TALUK, ADMEASURING LAND 2.24 ACRES AND BUILDING 3095 SQ.FT IN THE NAME OF Mr.RAMASAMY.
- Borrower
- M/s JAYALAKSHMI TRADERS
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