BanksAuctions.com logo
anksAuctions.com
CommercialUpcoming auctionVerified listing

Commercial in A Vellalapatti

A Vellalapatti

Reserve price
₹2.21 Cr
Auction date
05 Mar 2026
10:00 AM
EMD deadline
17 Oct 2025
5:00 PM
Bid increment
₹20,000.00

Location details

Property Address
Mathur Village, Velliyankundram hamlet, Madurai East Taluk, Othakkadai SRO, Madurai North Regd. District and Madurai District
City: A Vellalapatti
District: Madurai
State: Tamil Nadu
Pin Code: 625301
Country: India

Auction timeline

Auction starts
05 Mar 2026 at 10:00 AM
Auction ends
05 Mar 2026 at 5:00 PM
EMD submission deadline
17 Oct 2025 at 5:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Godowns
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹2.60 Cr
Property Identifiers
Bank Property ID
IDIB794877102

Property Images

Price history

9 previous auctions
₹3.8Cr25 Apr₹3.1Cr₹2.6Cr₹2.5Cr₹2.4Cr₹2.2CrNow↓ 41.2% down
₹2,43,50,000.00
10 Feb 2026
Commercial
Indian Bank logoIndian BankPossession: Physical
₹2,43,50,000.00
21 Jan 2026
Commercial
Indian Bank logoIndian BankPossession: Physical
₹2,50,00,000.00
24 Dec 2025
Commercial
Indian Bank logoIndian BankPossession: Physical

Borrower & Loan details

Borrower Name
M/S Hameedia Modern Rice Mill
Registered Address of Borrower
No 19 rani ponnammal road mathur post alagarkovil madurai 625301
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
343738822

EMD Schedule

EMD Start
21 Feb 2026
12:02 PM
EMD Deadline
05 Mar 2026
5:00 PM
Payment Deadline
17 Oct 2025

Inspection Schedule

Inspection Start
23 Feb 2026
10:00 AM
Inspection End
04 Mar 2026
5:00 PM

Officer Details

Authorized Officer
HIMANSHU GUPTA
Authorised Officer - Scale - IV - CM
Dealing Officer
HIMANSHU GUPTA .

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹20,000.00
Extension Increment
₹20,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Property ID
IDIB794877102
Indian Bank logo
Indian Bank
Verified seller
Branch: EAST VELI STREET - 409
IFSC: IDIB

Bank contact

+91 94426 06827+91 94426 06827
Branch Address
161 - A, EAST VELI STREET, MADURAI, MADURAI DIST.
Branch IFSC
IDIB000E002
Department
EAST VELI STREET - 409