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Industrial Plot with Factory Building for sale in Kalappanaickenpatti

Kalappanaickenpatti, Namakkal, Tamil Nadu – 637404

Canara Bank · SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹2,79,65,000
EMD
₹27,96,500
Bid increment
₹1,00,000
Area
6.83 acres
Price per sq ft
₹94

This is the 8th auction of this property. The reserve price is 10.5% lower than at the last auction (₹3,12,55,000 on 25 Aug 2026, 12:30 PM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Pay EMD and submit bid by26 Oct 2026, 5:00 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₹2,79,65,000-10.5%Upcoming
25 Aug 2026₹3,12,55,000—Closed
29 Jul 2026₹3,12,55,000—Closed
24 Jun 2026₹3,12,55,000-5.0%Closed
27 May 2026₹3,29,00,000—Closed
30 Apr 2026₹3,29,00,000—Closed
25 Mar 2026₹3,29,00,000+2.5%Closed
26 Feb 2026₹3,21,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹27,96,500
Rest of 25% when you win (same or next day)
₹41,94,750
Balance 75%, usually within 15 days
₹2,09,73,750
Stamp duty and registration (about 5–8%, varies by state)
₹13.98 L – ₹22.37 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 Land along with Industrial building ( Sago Factory) located at Uthiragidikaval Village, Sendamangalam Taluk, Sendamangalam Sub Registration District, Namakkal Registration District , Namakkal District with Old S.No.148/2 and New S.No.148/2 with the full extent of P.Hec.2.76.5 equivalent to 6.83 Acres , Assessment Rs.10.60 situated within following four boundaries, East of Odai, West of Pangaru Land, North of Malaiveppankuttai Thar Road, South of Ramasamy Udayar Land,
Borrower
M/S SRI SAI BALAJI SAGO FACTORY, PROPRIETOR:MR.MOHAN M

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