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Industrial in Rajapalayam

Rajapalayam, Rajapalayam

Reserve price
₹11.06 Cr
Auction date
10 Mar 2026
10:00 AM
EMD deadline
26 Sept 2025
4:00 PM
Bid increment
₹50,000.00

Location details

Property Address
Janakiram Mills Premises, Srivilliputtur Road, Post Box No.4, Sakthi Nagar, Rajapalayam - 626117.
Locality: Rajapalayam
City: Rajapalayam
District: Virudhunagar
State: Tamil Nadu
Pin Code: 626117
Country: India

Auction timeline

Auction starts
10 Mar 2026 at 10:00 AM
Auction ends
10 Mar 2026 at 5:00 PM
EMD submission deadline
26 Sept 2025 at 4:00 PM

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

Property overview

Type
Industrial
Sub Type
Others
Possession Status
Symbolic
Asset Type
Immovable
Ownership Type
Others
Title Deed Type
Registered Sale Deed
Property Price
₹11.06 Cr
Property Identifiers
Bank Property ID
BKIDCBE25022501
CERSAI ID
20007394721
Collateral ID
C2A590791490

Property Images

Price history

11 previous auctions
₹12.3Cr15 Feb₹12.3Cr₹11.1Cr₹11.1Cr₹11.1Cr₹11.1Cr₹11.1CrNow 10.0% down
₹11,05,65,000.00
28 Jan 2026
Industrial
Bank of India logoBank of IndiaPossession: Symbolic
₹11,05,65,000.00
24 Dec 2025
Industrial
Bank of India logoBank of IndiaPossession: Symbolic
₹11,05,65,000.00
25 Nov 2025
Industrial
Bank of India logoBank of IndiaPossession: Symbolic

Borrower & Loan details

Borrower Name
M/s Sundar Tyres and Wheels Private Limited
Registered Address of Borrower
Commercial land and building situated at Door No-8&47 ,SF No 438(P) ,& 432/A (P) , Madurai-Tenkasi main road , Kothankulam Village , Rajapalayam Municipality – 626117 standing in the name of Janakiram Mills Ltd
Owner
M/s. The Janakiram Mills Ltd.
Co-Borrower(s)
Mr.Shanmuga Sundaravel,Mr.Sanjay Kumar,Mrs.Janani shanmugapriya
Ownership Type
Others
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
C2A590791490
Customer ID
207540725

Additional details

Property USP
Commercial
Description
ITEM : 1 All the piece and parcel of land to an extent of 85 cents (i.e.,) 77 cents and 8 cents (Previously Well and Kamalai Kuli Lands ) in Rajapalayam Madurai road, Rajapalayam Municipality Limits and comprised in now comprised in combined T. S. No : 6 to 51, T. S. Block No. 2, T. S. Ward – H (Old Revenue Survey Number : 438 part, 432/A of Kothankulam Revenue village), Rajapalayam, Sub Registrar Office Limit of Rajapalayam Taluk of Virudhunagar District together with all improvements therein and within the following four boundaries purchased by the Mortgagor under registered sale deed No. 761 of 1943 of Rajapalayam SRO. East : Property belongs to Krishna Oil Mills Lands (Pressing Factory) West : Property belongs to M/s. The Janakiram Mills Ltd South : 2nd item Land (M/s. The Janakiram Mills Ltd) after that Railway Line North : Madurai-Tenkasi Road ITEM : 2 All the piece and parcel of land to an extent of 59 cents in Rajapalayam Madurai road, Rajapalayam Municipality Limits with house building D. No. 8/1 to 46/1 and now comprised in combined T. S. No. 6 to 51, T. S. Block No. 2, T. S. Ward – H (Old Revenue Survey Number : 438 part, 432/A of Kothankulam Revenue village ), Rajapalayam, Sub Registrar Office Limit of Rajapalayam Taluk of Virudhunagar District and within following four boundaries purchased by the Mortgagor under registered sale deed No. 1265 of 1943 of Rajapalayam SRO. East : Property belongs to Krishna Oil Mills Lands (Pressing Factory) West : Property belongs to M/s. The Janakiram Mills Ltd South : Railway Line North : 1st Item Land (M/s. The Janakiram Mills Ltd) after that, Madurai – Tenkasi Road.

EMD Schedule

EMD Start
27 Feb 2026
11:56 AM
EMD Deadline
10 Mar 2026
4:00 PM
Payment Deadline
26 Sept 2025

Inspection Schedule

Inspection Start
28 Feb 2026
11:00 AM
Inspection End
09 Mar 2026
5:00 PM

Officer Details

Authorized Officer
Manjumol P Thomas
Authorised Officer - Scale - IV - CM
Dealing Officer
KARTHIK N

Auction Rules

Bid Increment
₹50,000.00
Extension Increment
₹50,000.00
Auto Extension
Enabled
Extension Trigger
Last 2 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Others
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
C2A590791490
CERSAI ID
20007394721
Property ID
BKIDCBE25022501
Bank of India logo
Bank of India
Verified seller
Branch: COIMBATORE ASSET RECOVERY-8228
IFSC: BKID

Bank contact

+91 422 4357075+91 95974 32472
Branch Address
Star House 324, Oppanakara Street,Post no 105
Branch IFSC
BKID0008228
Department
COIMBATORE ASSET RECOVERY-8228