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All auctions / Tamil Nadu / Komarapalayam Hitech Weaving Park

7000 square feet Industrial Plot with Factory Building for sale in Komarapalayam…

Komarapalayam Hitech Weaving Park, Namakkal, Tamil Nadu – 638183

Canara Bank · SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹1,31,31,000
EMD
₹13,13,100
Bid increment
₹1,00,000
Area
7,000 sq ft
Price per sq ft
₹1,876

This is the 10th auction of this property. The last auction had a reserve of ₹1,31,31,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Pay EMD and submit bid by26 Oct 2026, 4:00 PM
  2. Auction27 Oct 2026, 12:30 PM – 1:30 PM · in 11 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
27 Oct 2026₹1,31,31,000—Upcoming
29 Sep 2026₹1,31,31,000—Closed
25 Aug 2026₹1,31,31,000—Closed
29 Jul 2026₹1,31,31,000+12.6%Closed
24 Jun 2026₹1,16,64,720—Closed
30 May 2026₹1,16,64,720-5.9%Closed
21 Apr 2026₹1,23,93,765—Closed
20 Mar 2026₹1,23,93,765-5.5%Closed
26 Feb 2026₹1,31,22,000—Closed
31 Jan 2026₹1,31,22,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹13,13,100
Rest of 25% when you win (same or next day)
₹19,69,650
Balance 75%, usually within 15 days
₹98,48,250
Stamp duty and registration (about 5–8%, varies by state)
₹6.57 L – ₹10.50 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
Industrial · Industrial Plot with Factory Building
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
All that part and parcel of property with land and commercial building situated Plot Nos.6, 7, 8 and 9 admeasuring total extents of 6987.50 Sq. Ft., comprised in Re.S.F. Nos.304/11B1A and 304/2B1, bearing New Patta Nos.5242 and 5703, situated at Katheri Village, within Katheri Panchayat limit, Sankari Taluk, in Sub Registration District of Kumarapalayam, within Registration District of Namakkal bounded on the following boundaries:- ItemNo.l- Re.S.F.Nos.304/2B1 and 304/11B1A - Patta Nos.5242 and 5703 - Extent 6987 ½ Sq.Ft. North by : Re-S.F. Nos.304/2A and 304/11A South by : 10 Metre Width Lay-out Road East by : Plot No.5 West by : 9 Metre Width Lay-out Road
Borrower
M/S FIRST MAGE PROPRIETOR: MRS.SIVASANGARI J

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