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Residential in Gobichettipalayam

Gobichettipalayam

Reserve price
₹90.18 L
Auction date
11 Mar 2026
10:00 AM
EMD deadline
21 Jan 2026
4:45 PM
Bid increment
₹25,000.00

Location details

Property Address
Vacant land belonging to Mr. K N Saktivel, situated in Natham No. 96/2 within the limits of Lakkampatti Panchayat (old Door No. 13 and New Door No. 39/17, Velakattupalayam Road, Palayur, Lakkampatti Village, Gobichettipalayam Taluk. PIN – 638453), Ward No. 13, Gobichettipalayam Taluk, Gobi Sub-Registration District, Gobi Registration District
City: Gobichettipalayam
District: Erode
State: Tamil Nadu
Pin Code: 638453
Country: India
Carpet Area: 10778 sq ft
Facing: East
Unit of Measure: square feet

Auction timeline

Auction starts
11 Mar 2026 at 10:00 AM
Auction ends
11 Mar 2026 at 5:00 PM
EMD submission deadline
21 Jan 2026 at 4:45 PM

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

Property overview

Type
Residential
Sub Type
Plot
Area
10778 sq ft
(Carpet)
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Partition Deed
Property Price
₹1.00 Cr
Property Identifiers
Bank Property ID
IDIB479296004

Property Images

Price history

1 previous auctions
₹1.0Cr21 Jan₹90.2LNow 10.0% down
₹1,00,19,700.00
21 Jan 2026
Residential
Indian Bank logoIndian BankPossession: Symbolic

Borrower & Loan details

Borrower Name
K N R Packaging India Private Limited
Registered Address of Borrower
Regd. Office: Sri Ram Mohan Complex, 1050/796,7971, Sathy Road, Coimbatore – 641 012.
Ownership Type
Freehold
Title Deed
Partition Deed
Asset Type
Immovable
Customer ID
179312959
Possession Dates
Symbolic
02 May 2015

Additional details

Other Details
Item A: North by - The property belonging to Venkidusamy and others South by - The property belonging to Kandasamy and others East by - North South common lane; and West by - East West common cart track and item B property, Measuring, East West on the northen & southern sides - 168 feet North South on the eastern & western sides - 68 1/4 feet Admeasuring 11466 Sq ft. In this excluding a portion of 2180 sq ft. In the south eastern corner. Thus remaining land of an extent of 9286 Sq ft. Together with all appurtenances attached thereto. Item B: North by - The property belonging to Venkidusamy and others South by - East West common cart track East by - Item A property West by - The remaining property belonging to Sivakumar and others. Measuring, East West on the northern and southern sides - 26 3/4 feet North South on the East - 56 feet North South on the West - 55 1/2 feet Admeasuring 1492 Sq ft. Together with all appurtenances attached therein and a right in four walls attached therein and along with 1/3 right in a well and all other rights of access attached therein. Thus the two items together making a total extent of 10778 Sq ft.

EMD Schedule

EMD Start
27 Feb 2026
8:34 PM
EMD Deadline
11 Mar 2026
4:45 PM
Payment Deadline
21 Jan 2026

Inspection Schedule

Inspection Start
28 Feb 2026
1:00 AM
Inspection End
10 Mar 2026
5:00 PM

Officer Details

Authorized Officer
Sathish Kumar M
Authorised Officer - Scale - IV - CM
Dealing Officer
SATHISH KUMAR M

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹25,000.00
Extension Increment
₹25,000.00
Auto Extension
Enabled
Extension Trigger
Last 15 minutes
Extension Duration
15 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Partition Deed
Asset Type
Immovable
Property ID
IDIB479296004
Indian Bank logo
Indian Bank
Verified seller
Branch: CHINNIAMPALAYAM - 1412
IFSC: IDIB

Bank contact

+91 422 2627192+91 94426 31635
Branch Address
1/202 AVINASHI ROAD, CHINNIAMPALAYAM, COIMBATORE
Branch IFSC
IDIB000C062
Department
CHINNIAMPALAYAM - 1412