This auction has closed

Ended 28 Oct 2026, 2:00 PM. The details below are kept for reference. See upcoming bank auctions instead.

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Commercial Property for E-Auction in Chennai

Commercial Property for E-Auction in Chennai

Chennai, Tamil Nadu

Property ID: EA18082

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Auction closed Ended 28 Oct 2026, 2:00 PM

Reserve price

₹2.43 Cr

₹2,42,78,388

Auctioned by

Protium Finance Ltd.

Auction date: 28 Oct 2026
Auction time: 11:00 AM – 2:00 PM
EMD amount: ₹24,27,838
Min. increment: ₹5,000

Auction timeline

EMD submission deadline

27 Oct 2026, 5:00 PM
Document submission deadline

27 Oct 2026, 5:00 PM
Auction starts

28 Oct 2026, 11:00 AM
Auction ends

28 Oct 2026, 2:00 PM

Auction details

Reserve price

₹2,42,78,388

EMD amount

₹24,27,838

Minimum bid increment

₹5,000

Property type

Commercial Property

Account name

Sri Nandhagopal Packs

Terms & inspection

Inspection: October 21st, 2026 at 11:00am - October 21st, 2026 at 5:00pm
Time extension: If bid is placed in the last 5 minutes of auction, The auction end time will increase by 5 minutes.
Property details: Total Acre 1.50 with R.C.C. commercial building

Description

Karur Registration District, Karur West Sub Registration District, Aravakurichi Taluk presently Pugalur Taluk, Punnam Village, S.F.No. 872/3 Hec 1.70.5 Acre 4.21 in this Ac. 3.00 in this Acre 1.50 within the following four boundaries. North of: The property belongs to P.Balakrishnan. South of: The land belongs to Muthusamy Gounder. West of: The 30 feet wide North South pathway and East of: The land in S. F. No. 871. Total Acre 1.50 with R.C.C. commercial building constructed in it bearing Door No. 8/84-1 and 8/84-2 to 14 with property tax and business tax in it and with electricity service connection No. 06-037-014-536 And with right to take men, cattle, cart and other accessories through the 30 feet North South pathway laid from the East West Panchayat Road till the above said land and with mamool pathway rights etc., the above said land has been sub divided as S.F.No 872/3A, Hec. 0.60.75 Patta No. 7353. Together with all other rights, buildings, improvements, and easements appurtenant thereto.

Location

Chennai, Tamil Nadu

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Authorised officer

From the bank’s auction notice.

₹55 Cr

Chennai

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