Industrial Details
— Factory Land and Building in Karaikudi Registration District, Tirupathur Sub-District, 32- Karaiyur group, Cholampatti Village, property is owned by Sri. M. Balamurugan (Proprietor: Fenerve Building), 1. In survey No.32/1E-dry land-0.49.5 Hectares:, Four Boundaries: land Owned by P. Muthchamy and P sethu, South: Land Owned by P Arumugam and P karunakaran and road., East: Land owned by PI Sethu and Road., West: Land owned by P karunakaran, P Arumugam, P Sethu., With these a manglore tiled builed constructed theron, with Electric fittings, bearing Door No.495 and Electric Service connection No.243, 2. In Survey No.32/1J- Dry land -0.05.0 Hectares, Four boundaries:, North: Land owned by P Arumugam, South: Road, East: Kovil, West: Land owned by PI. Muthuchamy., 3. S.No.32/1B with an extent of 0.22.0 Hectares /54cents:, Four Boundaries:, Punja land owned by PI Sethu, South: Punja land owned by Arumugam, East: Punja land owned by Sethu, West: Punja land owned by Arumugam.
Bank Name
Indian Overseas Bank
Borrower's Name
FENERVE BUILDING
Lot Number
IOBA1739FENERVE
Asset Sub-type
Industrial Shed
City / District
Sivagangai
State
Tamil Nadu
Pincode
630211
Reserve Price
₹2,00,58,600
EMD Amount
₹20,05,860
EMD Date
24 Sep 2026, 10:00 am
Bid Increment
₹25,000
Inspection Period
11 Sep 2026 to 23 Sep 2026
Legal Basis
Under SARFAESI
Borrower's Address
SF No.32/1B & 1E, Cholampatty, karaiyur post, Tirupathu630211
Auction Branch
TIRUPATHUR-1739
Borrower Customer ID
26620861
EMD Submission Opens
10 Sep 2026, 12:47 pm
Bid Increment (During Extension)
₹25000
Auto-extends if Bid in Last
10 minutes
Extended By
10 minutes
Available for Loan
No
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Schedule Visit Details
Important dates for this industrial auction.
EMD Amount₹20,05,860
EMD Date24 Sep 2026, 10:00 am
Inspection Start Date11 Sep 2026, 10:00 am
Inspection End Date23 Sep 2026, 05:00 pm
Auction Start Date24 Sep 2026, 11:00 am
Auction End Date24 Sep 2026, 05:00 pm
Point of contact
Kalyanasundaram R
Dealing Officer (Inspection)
- 8148209650
- DOOR NO.1-2-15 MADURAI MAIN ROAD TIRUPPATHUR TIRUPPATHUR 630211
Kalyanasundaram R
Chief Manager
Contact Details
Reach out for more information about this industrial auction.
Kalyanasundaram R
Dealing Officer (Inspection)
- 8148209650
- DOOR NO.1-2-15 MADURAI MAIN ROAD TIRUPPATHUR TIRUPPATHUR 630211
Kalyanasundaram R
Chief Manager
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