CommercialUpcoming auctionVerified listing
Commercial in Gandhi Nagar
Gandhi Nagar
Reserve price
₹5.53 Cr
Auction date
06 Mar 2026
10:00 AM
EMD deadline
03 Oct 2025
10:00 AM
Bid increment
₹2,00,000.00
Location details
Property Address
On Tenkasi Road, opp. to Karuppasamy Koil & Mupanthal Isakki Amman Koil, Lalugapuram, Tirunelveli
City: Gandhi Nagar
District: Tirunelveli
State: Tamil Nadu
Pin Code: 627008
Country: India
Nearest Airport / Railway Station / Bus Stand
Tirunelveli
Auction timeline
Auction starts
06 Mar 2026 at 10:00 AM
Auction ends
06 Mar 2026 at 4:00 PM
EMD submission deadline
03 Oct 2025 at 10:00 AM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Commercial
Sub Type
Plot
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹4.97 Cr
Property Identifiers
Bank Property ID
PUNBVHA28044617
Collateral ID
VHA28044617
Property Images
Price history
2 previous auctions₹4,97,00,000.00
3 Oct 2025
Commercial
Punjab National BankPossession: Symbolic₹5,52,00,000.00
29 Mar 2025
Commercial
Punjab National BankPossession: SymbolicBorrower & Loan details
Borrower Name
AJAY FUELS,AJAY MODERN RICE MILL,ANNATHAI RICE AND PADDY TRADERS
Registered Address of Borrower
Old No.87-O, Azad Road, Lalugapuram,
Gandhi Nagar Post, Tirunelveli – 627006
Owner
Mr.S.Ravichandran & Mr.S.K.Subbiah
Ownership of Property
Borrower & Guarantor
NPA Date
25 Dec 2023
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
VHA28044617
Customer ID
ASP006641
Possession Dates
Symbolic
27 Mar 2024
Additional details
Description
Properties in the name of Mr.S.Ravichandran and Mr.S.K.Subbiah - Details of the properties Refer Sale Notice attached
EMD Schedule
EMD Start
19 Feb 2026
4:05 PM
EMD Deadline
06 Mar 2026
10:00 AM
Payment Deadline
03 Oct 2025
Officer Details
Authorized Officer
N Sivagurunathan
Authorised Officer - Scale - IV - CM
Dealing Officer
MR.SIVAGURUNATHAN
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹2,00,000.00
Extension Increment
₹2,00,000.00
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
Collateral ID
VHA28044617
Property ID
PUNBVHA28044617
Nearby Amenities
Nearest Station
Tirunelveli
Property Images
Punjab National Bank
Verified seller
Branch: ARMB TRICHY 832700
IFSC: PUNB
Bank contact
+91 94490 02794+91 94425 50086
Branch Address
TRICHYBranch IFSC
PUNB0832700Department
ARMB TRICHY 832700