All auctions / Tamil Nadu / Rasipuram

MIXED for sale in VEPPILAIPATTI PUDHUR Rasipuram

Rasipuram, Namakkal, Tamil Nadu – 636202

Bank of India · ARB COIMBATORE

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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

  1. Inspect the property8 Oct 2026, 10:00 AM – 26 Oct 2026, 5:00 PM
  2. Pay EMD and submit bid by27 Oct 2026, 4:00 PM
  3. Auction27 Oct 2026, 11:00 AM – 5:00 PM · in 11 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
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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