All auctions / Tamil Nadu / K Madapur
28Oct
5252 square feet Godowns for sale in K Madapur
K Madapur, Coimbatore, Tamil Nadu – 641668
Canara Bank · KARUMATHAMPATTI-3437
- 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
- Inspect the property7 Oct 2026, 10:00 AM – 26 Oct 2026, 4:00 PM
- Pay EMD and submit bid by27 Oct 2026, 4:00 PM
- Auction28 Oct 2026, 11:30 AM – 12:30 PM · in 12 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 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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