All auctions / Tamil Nadu / Chatrapatti
Shed with Plant and Machinery for sale in SATTUR Chatrapatti
Chatrapatti, Virudhunagar, Tamil Nadu – 626203
Canara Bank · MADURAI SPECIALISED ARM BRANCH
- 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
- Inspect the property7 Oct 2026, 10:00 AM – 27 Oct 2026, 3:59 PM
- Pay EMD and submit bid by27 Oct 2026, 4:00 PM
- Auction28 Oct 2026, 12:00 PM – 1:00 PM · in 13 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 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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