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Plot for sale in SIDCO Industrial Estate Keelanagachi

SIDCO Industrial Estate Keelanagachi, Ramanathapuram, Tamil Nadu – 623534

Indian Overseas Bank · PERUNGULAM-1279

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹24,32,000
EMD
₹2,43,200
Bid increment
₹25,000

This is the 6th auction of this property. The reserve price is 11.1% lower than at the last auction (₹27,36,000 on 24 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property3 Oct 2026, 10:00 AM – 21 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by21 Oct 2026, 4:01 PM (EMD closes in 6 days)
  3. Auction22 Oct 2026, 11:00 AM – 4:00 PM · in 7 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
22 Oct 2026₹24,32,000-11.1%Upcoming
24 Sep 2026₹27,36,000-10.0%Closed
13 Aug 2026₹30,40,000+25.0%Closed
23 Jul 2026₹24,32,000-11.1%Closed
29 Jun 2026₹27,36,000-10.0%Closed
26 May 2026₹30,40,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹2,43,200
Rest of 25% when you win (same or next day)
₹3,64,800
Balance 75%, usually within 15 days
₹18,24,000
Stamp duty and registration (about 5–8%, varies by state)
₹1.22 L – ₹1.95 L

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
Commercial · Plot
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
S.NO.46/3,46/3A,46/3A2, KEELANAGATCHI VILLAGE & GROUP, KEELANAGATCHI PANCHAYAT, MANDAPAM UNION, RAMANATHAPURAM TALUK, RAMANATHAPURAM DISTRICT, PINCODE-623534
Borrower
M/S GAYATHRI COCO PRODUCTS

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