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Commercial in URBAN

URBAN, Karur

Reserve price
₹1.30 Cr
Auction date
12 Mar 2026
11:30 AM
EMD deadline
25 Mar 2025
5:00 PM
Bid increment
₹50,000.00

Location details

Property Address
Old No.10, New No.20/1, Nehru Nagar, Kolandhanoor, Pasupathipalayam, Karur – 639 004
Locality: URBAN
City: Karur
District: Karur
State: Tamil Nadu
Pin Code: 639004
Country: India

Auction timeline

Auction starts
12 Mar 2026 at 11:30 AM
Auction ends
12 Mar 2026 at 12:00 PM
EMD submission deadline
25 Mar 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
Symbolic
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹1.35 Cr
Property Identifiers
Bank Property ID
CNRB403701
Collateral ID
8142632401

Property Images

Price history

2 previous auctions
₹1.3Cr26 Feb₹1.3CrNow 3.9% down
₹1,34,97,000.00
26 Mar 2025
Commercial
Canara Bank logoCanara BankPossession: Symbolic
₹1,34,97,000.00
26 Feb 2025
Commercial
Canara Bank logoCanara BankPossession: Symbolic

Borrower & Loan details

Borrower Name
S.S.Plastics
Registered Address of Borrower
Old No.10, New No.20/1, Nehru Nagar, Kolandhanoor, Pasupathipalayam, Karur – 639 004
Owner
Saminathan.M
Ownership of Property
Borrower
Co-Borrower(s)
Saminathan.M
NPA Amount
₹27.32 L
NPA Date
02 Oct 2019
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
8142632401
Customer ID
81426324

Additional details

Description
All that part of Piece and parcel of land along with AC Sheet building and any superstructure constructed thereon and to be constructed in future located at Karur District, Karur RD, Karur Joint No.1 SRD, Karur Taluk & Town, Karur Town Ward No.2, Kolandanoor North, S.F.No.1758/Part New T.S.No.2492 Ac.6.91 in this Ac 0.09 viz 3927 Sq.ft admeasuring East-West on the North 70 feet, On the South 69 feet, North –South on the East 58 feet, On the West 55 feet situated within the following four boundaries: On the East of 25 ft wide North-South Main Road , On the West of Karur – Trichy North South Main Road, On the South of Lands beloging to P.Sivanantham, On the North of 22 ft East-West Road, Together with usual Pathway rights and easementary rights thereon. Title Holder of this Property is Mr.M.Saminathan

EMD Schedule

EMD Start
19 Feb 2026
1:40 PM
EMD Deadline
11 Mar 2026
5:00 PM
Payment Deadline
25 Mar 2025

Inspection Schedule

Inspection Start
11 Mar 2026
10:00 AM
Inspection End
11 Mar 2026
5:00 PM

Officer Details

Authorized Officer
Nandhakumar.S
scale-II-manager
Dealing Officer
CHIEF MANAGER

Auction Rules

Bid Increment
₹50,000.00
Extension Increment
₹50,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
8142632401
Property ID
CNRB403701
Canara Bank logo
Canara Bank
Verified seller
Branch: SPECIALISED SME BRANCH, KARUR-4037
IFSC: CNRB

Bank contact

+91 99999 99999+91 94890 45797
Branch Address
#37, I Cross, Vaiyapuri Nagar,
Branch IFSC
CNRB0004037
Department
SPECIALISED SME BRANCH, KARUR-4037