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IndustrialPast auctionVerified listing

Industrial in ERODE

ERODE, Karumandi Chellipalayam

Reserve price
₹61.00 L
Auction date
28 Jan 2026
12:00 PM
EMD deadline
30 Dec 2025
5:00 PM
Bid increment
₹61,000.00

Auction timeline

Auction starts
28 Jan 2026 at 12:00 PM
Auction ends
28 Jan 2026 at 5:00 PM
EMD submission deadline
30 Dec 2025 at 5:00 PM

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

Property overview

Type
Industrial
Sub Type
Industrial Plot
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Leasehold
Title Deed Type
Registered Lease Deed
Property Price
₹67.50 L
Property Identifiers
Bank Property ID
UBINCOICAR4976
Collateral ID
00A57536068

Location details

Property Address
PLOT NO S-35, RSF NO 214 PART, SIPCOT INDUSTRIAL GROWTH CENTRE, PERUNDURAI VILLAGE, PERUNDURAI TALUK, ERODE DISTRICT
Locality: ERODE
City: Karumandi Chellipalayam
District: Erode
State: Tamil Nadu
Pin Code: 638052
Country: India

Price history

1 previous auctions
₹67.5L30 Dec₹61.0LNow 9.6% down
₹67,50,000.00
30 Dec 2025
Industrial
Union Bank of IndiaPossession: Symbolic

Borrower & Loan details

Borrower Name
M/S SJN MANUFACTURING & SERVICES PVT LTD
Registered Address of Borrower
S-35, SIPCOT INDUSTRIAL GROWTH CENTRE, PERUNDURAI - 638052
Owner
M/S SJN MANUFACTURING AND SERVICES P LTD
Ownership of Property
Borrower
NPA Date
30 Sept 2017
Ownership Type
Leasehold
Title Deed
Registered Lease Deed
Asset Type
Immovable
Collateral ID
00A57536068
Customer ID
1000424976
Demand Notice
Notice Date
25 Jan 2018
Notice Amount
₹3.11 Cr
Asset Classification
Classification Date
30 Jul 2019
Classification ID
5
Possession Dates
Symbolic
27 Sept 2024

Additional details

Description
LEASE HOLD RIGHT OF ALL THAT PIECE AND PARCEL OF LAND KNOWN AS PLOT NOS-35 IN THIS SIPCOT INDUSTRIAL GROWTH CENTRE, PERUNDURAI WITHIN THE VILLAGE LIMITS OF INGUR, TALUK OF PERUNDAI SUB REGISTRATION DISTRICT OF PERUNDURAI, IN REVENUE DISTRICT OF ERODE CONTAINING BY ADMEASUREMENT 1.08 ACRES/ORABOUTS AND MARKED BY GREEN COLORUED BOUNDARY LINES ON THE PLAN ANNEXED HERETO, BEARING REVENUE SURVEY NO 214(PT) OF INGUR VILLAGE AND BOUNDED

EMD Schedule

EMD Start
23 Jan 2026
4:21 PM
EMD Deadline
28 Jan 2026
5:00 PM
Payment Deadline
30 Dec 2025

Officer Details

Authorized Officer
BIMAL SUKUMAR A
CHIEF MANAGER

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹61,000.00
Extension Increment
₹61,000.00
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
00A57536068
Property ID
UBINCOICAR4976
Union Bank of India
Verified seller
Branch: ASSET RECOVERY BRANCH COIMBATORE-578746
IFSC: UBIN

Bank contact

+91 99999 99999
Branch Address
816, OPPANAKARA STREET,COIMBATOREPO - COIMBATORECOIMBATORE, COIMBATORE, TAMIL NADUPin Code - 641001
Branch IFSC
UBIN0578746
Department
ASSET RECOVERY BRANCH COIMBATORE-578746