All auctions / Tamil Nadu / Komarapalayam Hitech Weaving Park
1750 square feet Individual House for sale in Kumarapalayam Komarapalayam Hitech…
Komarapalayam Hitech Weaving Park, Namakkal, Tamil Nadu – 638183
Canara Bank · KALINGARAYANAPALAYAM-16533
This auction has ended or was withdrawn. Banks often re-auction at a lower reserve price, so check current auctions nearby.
- Reserve price
- ₹49,50,000
- EMD
- ₹4,95,000
- Bid increment
- ₹10,000
- Area
- 1,750 sq ft
- Price per sq ft
- ₹2,829
This is the 8th auction of this property. The last auction had a reserve of ₹49,50,000. Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property12 Oct 2026, 10:00 AM – 12 Oct 2026, 4:00 PM
- Pay EMD and submit bid by14 Oct 2026, 4:00 PM
- Auction16 Oct 2026, 10:30 AM – 11:30 AM · yesterday
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 16 Oct 2026 | ₹49,50,000 | — | Upcoming |
| 19 Sep 2026 | ₹49,50,000 | -2.9% | Closed |
| 29 Aug 2026 | ₹51,00,000 | — | Closed |
| 29 Jul 2026 | ₹51,00,000 | -0.6% | Closed |
| 29 May 2026 | ₹51,30,000 | -5.4% | Closed |
| 29 Apr 2026 | ₹54,20,000 | — | Closed |
| 27 Mar 2026 | ₹54,20,000 | -4.9% | Closed |
| 27 Feb 2026 | ₹57,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹4,95,000
- Rest of 25% when you win (same or next day)
- ₹7,42,500
- Balance 75%, usually within 15 days
- ₹37,12,500
- Stamp duty and registration (about 5–8%, varies by state)
- ₹2.48 L – ₹3.96 L
You may bid above the reserve in steps of ₹10,000. 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
- Residential · Individual House
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- Door No.4-94/11, V.I.P. Nagar, Kumarapalayam Amani Village, within Thattankuttai Panchayat limit, Kumarapalayam
- Borrower
- Velmurugan J
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