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1 square feet Shops for sale in SIDCO Industrial Estate Periyanesalur

SIDCO Industrial Estate Periyanesalur, Cuddalore, Tamil Nadu – 606304

Canara Bank · SPECIALIZED ARM BRANCH, CHENNAI-II

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹2,16,04,000
EMD
₹21,60,400
Bid increment
₹1,00,000

This is the 8th auction of this property. The last auction had a reserve of ₹2,16,04,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property15 Oct 2026, 11:00 AM – 15 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by21 Oct 2026, 10:00 PM (EMD closes in 4 days)
  3. Auction22 Oct 2026, 11:00 AM – 12:00 PM · in 5 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
22 Oct 2026₹2,16,04,000—Upcoming
23 Sep 2026₹2,16,04,000-5.0%Closed
28 Aug 2026₹2,27,41,000—Closed
31 Jul 2026₹2,27,41,000+16.0%Closed
25 Jun 2026₹1,96,00,000—Closed
25 May 2026₹1,96,00,000-20.0%Closed
28 Apr 2026₹2,45,00,000—Closed
20 Mar 2026₹2,45,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹21,60,400
Rest of 25% when you win (same or next day)
₹32,40,600
Balance 75%, usually within 15 days
₹1,62,03,000
Stamp duty and registration (about 5–8%, varies by state)
₹10.80 L – ₹17.28 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
Commercial · Shops
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
OLD 58/3 NEW58/3A1A, VIRUDHACHALAM ROAD,VEPPUR -606304
Borrower
RAINBOW HARDWARE

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