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Commercial in Kangeyam

Kangeyam

Reserve price
₹7.78 Cr
Auction date
17 Mar 2026
11:00 AM
EMD deadline
25 Sept 2025
3:00 PM
Bid increment
₹5,00,000.00

Location details

Property Address
D.NO:143,145&274, OLD S.F.NO:769/3A, NEW R.S.F.NO:769/3A1, 769/3A2, 769/3A3 &769/3A4, TRICHY MAIN ROAD, KANGEYAM VILLAGE, TIRUPUR-638701.
City: Kangeyam
District: Tiruppur
State: Tamil Nadu
Pin Code: 638701
Country: India

Auction timeline

Auction starts
17 Mar 2026 at 11:00 AM
Auction ends
17 Mar 2026 at 4:00 PM
EMD submission deadline
25 Sept 2025 at 3:00 PM

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

Property overview

Type
Commercial
Sub Type
Godowns
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹8.59 Cr
Property Identifiers
Bank Property ID
PUNB92710001
Collateral ID
6AN26676297

Property Images

Price history

4 previous auctions
₹8.6Cr26 Feb₹8.6Cr₹7.8CrNow 9.4% down
₹8,59,00,000.00
26 Nov 2025
Commercial
Punjab National Bank logoPunjab National BankPossession: Symbolic
₹8,59,00,000.00
25 Sep 2025
Commercial
Punjab National Bank logoPunjab National BankPossession: Symbolic
₹8,59,00,000.00
20 Jun 2025
Commercial
Punjab National Bank logoPunjab National BankPossession: Symbolic

Borrower & Loan details

Borrower Name
GANGA COCONUT FOODS
Registered Address of Borrower
494/1B, Muthur Road, Pachapalayam Post, Pappini Village, KangeyamNA638701
Owner
Mr.C.Chenniappan, Mr.A.C.Balasubramani, Mr.S.Sakthivel,Mrs.C.Kalyani
Co-Borrower(s)
S. Sakthivel,S. Latha
NPA Amount
₹8.93 Cr
NPA Date
22 Aug 2023
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
6AN26676297
Customer ID
C00330037
Demand Notice
Notice Date
12 Sept 2023
Notice Amount
₹9.04 Cr
Possession Dates
Symbolic
07 Dec 2023

Additional details

Description
RESIDENTIAL BUILDING

EMD Schedule

EMD Start
25 Feb 2026
3:01 PM
EMD Deadline
17 Mar 2026
3:00 PM
Payment Deadline
25 Sept 2025

Officer Details

Authorized Officer
SYMA JAYAPRAKASAN
Authorised Officer - Scale - IV - CM

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹5,00,000.00
Extension Increment
₹5,00,000.00
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
6AN26676297
Property ID
PUNB92710001
Punjab National Bank logo
Punjab National Bank
Verified seller
Branch: ARMB COIMBATORE 437100
IFSC: PUNB

Bank contact

+91 93923 87502
Branch Address
448 A,DR.NANJAPPA ROAD,COIMBATORE
Branch IFSC
PUNB0437100
Department
ARMB COIMBATORE 437100