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Tea plantation for sale in Periya Bikkaty Aravankad TS

Aravankad TS, The Nilgiris, Tamil Nadu – 643202

Canara Bank · COIMBATORE SPECIALISED ARM BRANCH

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹2,22,00,000
EMD
₹22,20,000
Bid increment
₹1,00,000

This is the 3rd auction of this property. The reserve price is 5% lower than at the last auction (₹2,33,70,000 on 28 Sep 2026, 11:30 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Pay EMD and submit bid by23 Oct 2026, 11:00 AM
  2. Auction23 Oct 2026, 11:30 AM – 12:30 PM · in 8 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
23 Oct 2026₹2,22,00,000-5.0%Upcoming
28 Sep 2026₹2,33,70,000—Closed
10 Aug 2026₹2,33,70,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹22,20,000
Rest of 25% when you win (same or next day)
₹33,30,000
Balance 75%, usually within 15 days
₹1,66,50,000
Stamp duty and registration (about 5–8%, varies by state)
₹11.10 L – ₹17.76 L

You may bid above the reserve in steps of ₹1,00,000. 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
Symbolic
Auction type
Bank sale (SARFAESI)
Address
SF NO 7/14A1A , SF NO 7/15A1, Aruvankadu, Periya bikkaty, Coonoor, The Nilgiris 643202
Borrower
Shri Sharadha Impex

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