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IndustrialPast auctionVerified listing

Industrial in Milavittan

Milavittan

Reserve price
₹2.93 Cr
Auction date
28 Jan 2026
11:00 AM
EMD deadline
26 Nov 2025
3:00 PM
Bid increment
₹1,00,000.00

Auction timeline

Auction starts
28 Jan 2026 at 11:00 AM
Auction ends
28 Jan 2026 at 4:00 PM
EMD submission deadline
26 Nov 2025 at 3:00 PM

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

Property overview

Type
Industrial
Sub Type
Industrial Plot with Factory Building
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Leasehold
Title Deed Type
Registered Lease Deed
Property Price
₹2.93 Cr
Property Identifiers
Bank Property ID
PUNBHEA60063640
Collateral ID
HEA60063640

Location details

Property Address
SF NO 298 PART, SITE NO-D - 11(A), SIPCOT INDUSTRIAL COMPLEX, MEELAVITTAN VILLAGE, TUTICORIN - 628008
City: Milavittan
District: Thoothukudi
State: Tamil Nadu
Pin Code: 628008
Country: India

Price history

2 previous auctions
₹2.9Cr26 Nov₹2.9CrNow
₹2,93,00,000.00
22 Dec 2025
Industrial
Punjab National BankPossession: Symbolic
₹2,93,00,000.00
26 Nov 2025
Industrial
Punjab National BankPossession: Symbolic

Borrower & Loan details

Borrower Name
RADIUM INDUSTRIES
Registered Address of Borrower
GREEN WOODS, OLD NO 21-A NEW NO 78, SUBBULAKSHMI NAGAR, KUNIAMATHUR, COIMBATORE - 641008
Owner
A. PADMAVATHI
Co-Borrower(s)
A. PADMAVATHI
Guarantor
M. ANANTHA KUMAR
NPA Amount
₹4.01 Cr
NPA Date
29 Jul 2024
Ownership Type
Leasehold
Title Deed
Registered Lease Deed
Asset Type
Immovable
Collateral ID
HEA60063640
Customer ID
FXM005158
Guarantor Address
1/1A VENKATARAMANA ROAD, R S PURAM, COIMBATORE - 641002
Demand Notice
Notice Date
02 Aug 2024
Notice Amount
₹4.01 Cr
Possession Dates
Symbolic
25 Jun 2025

Additional details

Description
SF NO 298 PART, SITE NO-D - 11(A), SIPCOT INDUSTRIAL COMPLEX, MEELAVITTAN VILLAGE, TUTICORIN - 628008

EMD Schedule

EMD Start
22 Jan 2026
6:38 PM
EMD Deadline
26 Jan 2026
3:00 PM
Payment Deadline
26 Nov 2025

Officer Details

Authorized Officer
B RAMU
Authorised Officer - Scale - IV - CM

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Leasehold
Title Deed Type
Registered Lease Deed
Asset Type
Immovable
Collateral ID
HEA60063640
Property ID
PUNBHEA60063640
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