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Shed with Plant and Machinery for sale in SATTUR Chatrapatti

Chatrapatti, Virudhunagar, Tamil Nadu – 626203

Canara Bank · MADURAI SPECIALISED ARM BRANCH

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Reserve price
₹20,00,000
EMD
₹2,00,000
Bid increment
₹50,000

This is the 8th auction of this property. The reserve price is 9.3% lower than at the last auction (₹22,05,000 on 23 Sep 2026, 12:00 PM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property7 Oct 2026, 10:00 AM – 27 Oct 2026, 3:59 PM
  2. Pay EMD and submit bid by27 Oct 2026, 4:00 PM
  3. Auction28 Oct 2026, 12:00 PM – 1:00 PM · in 13 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
28 Oct 2026₹20,00,000-9.3%Upcoming
23 Sep 2026₹22,05,000—Closed
21 Aug 2026₹22,05,000+2.3%Closed
24 Jun 2026₹21,55,000—Closed
30 May 2026₹21,55,000-0.9%Closed
29 Apr 2026₹21,75,000—Closed
25 Mar 2026₹21,75,000-1.1%Closed
26 Feb 2026₹22,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹2,00,000
Rest of 25% when you win (same or next day)
₹3,00,000
Balance 75%, usually within 15 days
₹15,00,000
Stamp duty and registration (about 5–8%, varies by state)
₹1.00 L – ₹1.60 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
Industrial · Shed with Plant and Machinery
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
The property situated within the limits of Kundalakuthur Village Panchayat, Sattur Panchayat Union. The property under Patta No.942 and Survey Nos. 195/4A and 195/4E. 1. All that part and parcel of punja land covered under S.No.195/4A having an extent of 0.23.0 hectares equivalent to 57 cents situated having the following boundaries:: West of : the 2nd item, East of and North of : the punja land of Ponram; South of : the punja land of Thavamani 2. All that part and parcel of punja land covered under S.No.195/4E having an extent of 0.47.0 hectares equivalent to 1 acre and 16 cents having the following boundaries: West of : the punja lands of Alagarsay, Ayyanan, A.Ponraj and Marimuthu and others; North of : the east-west cart track; East of : the punja lands of Ponram, Lakshmanan Velusamy and 1st item; South of : the punja land of V.Ponraj and A.Ponraj
Borrower
LALITHKUMAR PONRAM

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