All auctions / Tamil Nadu / Tiruppur
28Oct
2043 square feet Office for sale in Tiruppur
Tiruppur, Tamil Nadu – 641603
Indian Bank · TIRUPPUR - 225
- Reserve price
- ₹1,71,63,000
- EMD
- ₹17,16,300
- Bid increment
- ₹50,000
- Area
- 2,043 sq ft
- Price per sq ft
- ₹8,401
This is the 3rd auction of this property. The last auction had a reserve of ₹1,71,63,000. Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property8 Oct 2026, 10:00 AM – 27 Oct 2026, 4:00 PM
- Pay EMD and submit bid by28 Oct 2026, 5:00 PM
- Auction28 Oct 2026, 11:00 AM – 5:00 PM · in 11 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 28 Oct 2026 | ₹1,71,63,000 | — | Upcoming |
| 27 Aug 2026 | ₹1,71,63,000 | — | Closed |
| 10 Jun 2026 | ₹1,71,63,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹17,16,300
- Rest of 25% when you win (same or next day)
- ₹25,74,450
- Balance 75%, usually within 15 days
- ₹1,28,72,250
- Stamp duty and registration (about 5–8%, varies by state)
- ₹8.58 L – ₹13.73 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
- Commercial · Office
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- 4.69 cents of land belonging to Mr T. Srinivasan at Srvey No 557*2A1A part, Door No 556/2,2A, 2 B Site No 6, S F no:557/2A1A part No 15 Velampalyam Village, V.S Siva Subramainam Nagar, Sirupooluvapatt, Tiruppur-641603
- Borrower
- M/S S V Impex
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