All auctions / Tamil Nadu / Punjaipugalur
Godowns for sale in Punjaipugalur
Punjaipugalur, Karur, Tamil Nadu – 639117
Canara Bank · SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI
- Reserve price
- ₹1,31,40,000
- EMD
- ₹13,14,000
- Bid increment
- ₹1,00,000
This is the 4th auction of this property. The reserve price is 5.3% lower than at the last auction (₹1,38,70,000 on 22 Sep 2026, 12:30 PM). Unsold properties usually come back at a lower reserve.
Key dates
- Pay EMD and submit bid by26 Oct 2026, 4:00 PM
- Auction27 Oct 2026, 12:30 PM – 1:30 PM · in 10 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 27 Oct 2026 | ₹1,31,40,000 | -5.3% | Upcoming |
| 22 Sep 2026 | ₹1,38,70,000 | — | Closed |
| 25 Aug 2026 | ₹1,38,70,000 | -5.0% | Closed |
| 29 Jul 2026 | ₹1,46,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹13,14,000
- Rest of 25% when you win (same or next day)
- ₹19,71,000
- Balance 75%, usually within 15 days
- ₹98,55,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹6.57 L – ₹10.51 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
- Commercial · Godowns
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- Karur Registration district, Velliyanai Sub Registration District, Karur Taluk, Thanthoni Union, Velliyanai Thenbagam Village within Velliyanai Panchayat, 1. GPS 1502/1B, Punjai Hectares 0.25.5 equivalent to Acres 0.63 punjai land situated within the following boundaries.
- Borrower
- GRN TEXTILES
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