All auctions / Tamil Nadu / Namakkal
27Oct
1200 square feet Godowns for sale in Namakkal
Namakkal, Tamil Nadu – 637001
Canara Bank · SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI
- Reserve price
- ₹25,57,000
- EMD
- ₹2,55,700
- Bid increment
- ₹50,000
- Area
- 1,200 sq ft
- Price per sq ft
- ₹2,131
This is the 3rd auction of this property. The reserve price is 3.9% lower than at the last auction (₹26,60,000 on 25 Aug 2026, 12:30 PM). Unsold properties usually come back at a lower reserve.
Key dates
- Pay EMD and submit bid by26 Oct 2026, 5:00 PM
- Auction27 Oct 2026, 12:30 PM – 1:30 PM · in 10 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 27 Oct 2026 | ₹25,57,000 | -3.9% | Upcoming |
| 25 Aug 2026 | ₹26,60,000 | — | Closed |
| 21 Jul 2026 | ₹26,60,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹2,55,700
- Rest of 25% when you win (same or next day)
- ₹3,83,550
- Balance 75%, usually within 15 days
- ₹19,17,750
- Stamp duty and registration (about 5–8%, varies by state)
- ₹1.28 L – ₹2.05 L
You may bid above the reserve in steps of ₹50,000. 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
- OLD SF NO 397/3 , NEW SF NO 397/3A1 PLOT NO 20 DOOR NO 3/455-H ,JAYAM NAGAR,KUNNIMARATHAN KOVIL,VALAYAPATTI VILLAGE.MOGANUR TALUK,NAMAKKAL - 624704 TOTAL EXTEND OF LAND 1200 SQ FT OR 2.75 CENTS
- Borrower
- MR.PANDIYAN KARUPPIAH
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