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Industrial Plot with Factory Building for sale in RURAL Senthamangalam

Senthamangalam, Namakkal, Tamil Nadu – 637409

Canara Bank · SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹76,50,000
EMD
₹7,65,000
Bid increment
₹1,00,000

This is the 8th auction of this property. The reserve price is 5.6% lower than at the last auction (₹81,00,000 on 16 Sep 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 10 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
27 Oct 2026₹76,50,000-5.6%Upcoming
16 Sep 2026₹81,00,000—Closed
14 Aug 2026₹81,00,000-5.3%Closed
14 Jul 2026₹85,50,000—Closed
24 Jun 2026₹85,50,000-5.0%Closed
27 May 2026₹90,00,000—Closed
30 Apr 2026₹90,00,000-5.9%Closed
6 Mar 2026₹95,63,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹7,65,000
Rest of 25% when you win (same or next day)
₹11,47,500
Balance 75%, usually within 15 days
₹57,37,500
Stamp duty and registration (about 5–8%, varies by state)
₹3.83 L – ₹6.12 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
Address
Naicker Street, Kondammanaickenpatti Village, Sendamangalam, Namakkal – 637409.
Borrower
KCS Fabrics

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