PLANT AND MACHINERY for sale in CHENNAI Chennai

Key dates

1. Inspect the property12 Oct 2026, 11:00 AM – 12 Oct 2026, 4:00 PM
2. Pay EMD and submit bid by16 Oct 2026, 3:59 PM (EMD closes tomorrow)
3. Auction16 Oct 2026, 11:00 AM – 4:00 PM · tomorrow

What you'd pay at the reserve price

EMD, before the auction

₹12,800

Rest of 25% when you win (same or next day)

₹19,200

Balance 75%, usually within 15 days

₹96,000

Stamp duty and registration (about 5–8%, varies by state)

₹6,400 – ₹10,240

You may bid above the reserve in steps of ₹25,000. 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

Other · Others

Possession

Physical

Auction type

Bank sale (SARFAESI)

Address

42 KW Electrical Furnace with Double Circuit Panel Board – 2 nos. of M/s. Sree Annai Casting. The machines were seized and parked at Emerald Parking Yard Private Limited, Ayyappanthangal, Mettu Road, Moovendhar Nagar, Kattupakkam, Chennai – 600077.

Borrower

M/S SREE ANNAI CASTING