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5252 square feet Godowns for sale in K Madapur

K Madapur, Coimbatore, Tamil Nadu – 641668

Canara Bank · KARUMATHAMPATTI-3437

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Reserve price
₹40,00,000
EMD
₹4,00,000
Bid increment
₹50,000
Area
5,252 sq ft
Price per sq ft
₹762

This is the 5th auction of this property. The last auction had a reserve of ₹36,50,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property7 Oct 2026, 10:00 AM – 26 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by27 Oct 2026, 4:00 PM
  3. Auction28 Oct 2026, 11:30 AM – 12:30 PM · in 12 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
28 Oct 2026₹40,00,000+9.6%Upcoming
19 Aug 2026₹36,50,000—Closed
14 Jul 2026₹36,50,000—Closed
24 Jun 2026₹36,50,000-9.9%Closed
10 Apr 2026₹40,50,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹4,00,000
Rest of 25% when you win (same or next day)
₹6,00,000
Balance 75%, usually within 15 days
₹30,00,000
Stamp duty and registration (about 5–8%, varies by state)
₹2.00 L – ₹3.20 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 · Godowns
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
Sulur Sub-Registration District, Palladam Taluk, Ichipatti Village, in S.F.No. 406/4
Borrower
SANJEEV TEXTILES

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