Auction in 2 days
Factory in Tiruvallur, Tamil Nadu (bank auction)
About this property
This is a 3.67 acre factory in Tiruvallur, Tamil Nadu. Possession is symbolic: the bank has legal possession, but someone may still be occupying the property, which can delay handover.
The reserve price, the lowest price at which the bank will sell, is ₹3,61,10,000 (₹3.61 Cr). To bid you first pay an earnest money deposit (EMD) of ₹36,11,000 (about 10% of the reserve price), which must reach the bank by 21 Nov 2026, 11:59 PM IST. Each new bid must be at least ₹50,000 higher than the last. The e-auction is on 23 November 2026 from 10:30 AM to 11:30 AM IST on baanknet.com. The property can be inspected: 21 November 2026, 10 am to 5 pm.
Property description
Three pieces of land with the superstructures on them, sold together, all in Karimbedu Group, Karimbedu Village, Karimbedu Taluk, Tiruvallur District, Kanchipuram Registration District, Pallipattu Sub Registry. Item 1: 74 cents in S. No. 25/7. Item 2: 56 cents in S. No. 25/5. Item 3: 2.37 acres made up of S. No. 25/1A (1.54 acres), 25/1B (0.30 acre), 25/1C (0.26 acre) and 25/4 (0.27 acre). The bank holds constructive possession.
Auction details
- Reserve price
- ₹3,61,10,000 (₹3.61 Cr)
- EMD (earnest money deposit)
- ₹36,11,000
- Bid increment
- ₹50,000
- Auction starts
- 23 Nov 2026, 10:30 AM IST
- Auction ends
- 23 Nov 2026, 11:30 AM IST
- Last date for EMD / bids
- 21 Nov 2026, 11:59 PM IST
- Inspection
- 21 November 2026, 10 am to 5 pm
- Property type
- Factory
- Area
- 3.67 acre
- Possession
- Symbolic
- Location
- Tiruvallur, Tamil Nadu
- PIN code
- 631207
- Reference
- LA-4720
Auction starts in 1 week.
Before you bid
- Inspect the property on the inspection date.
- Check title, dues and encumbrances: the sale is “as is, where is”.
- Pay the EMD before the deadline and register on the e-auction website.
- Read the bank’s sale notice and its terms in full.
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