All auctions / Tamil Nadu / SIDCO Industrial Estate Periyanesalur

1 square feet Individual House for sale in SIDCO Industrial Estate Periyanesalur

SIDCO Industrial Estate Periyanesalur, Cuddalore, Tamil Nadu – 606304

Canara Bank · SPECIALIZED ARM BRANCH, CHENNAI-II

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Reserve price
₹1,43,22,000
EMD
₹14,32,200
Bid increment
₹1,00,000

This is the 5th auction of this property. The last auction had a reserve of ₹1,43,22,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property15 Oct 2026, 11:00 AM – 15 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by21 Oct 2026, 10:00 PM (EMD closes in 4 days)
  3. Auction22 Oct 2026, 11:00 AM – 12:00 PM · in 5 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
22 Oct 2026₹1,43,22,000—Upcoming
28 Sep 2026₹1,43,22,000-5.0%Closed
28 Aug 2026₹1,50,75,000—Closed
31 Jul 2026₹1,50,75,000-7.5%Closed
24 Jun 2026₹1,63,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹14,32,200
Rest of 25% when you win (same or next day)
₹21,48,300
Balance 75%, usually within 15 days
₹1,07,41,500
Stamp duty and registration (about 5–8%, varies by state)
₹7.16 L – ₹11.46 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
Residential · Individual House
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
58/3A2, VIRUDACHALAM ROAD,VEPPUR -606304
Borrower
RAINBOW TIMBER AND TRADERS

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