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IndustrialPast auctionVerified listing

Industrial in Ranipet

Ranipet

Reserve price
₹1.72 Cr
Auction date
28 Jan 2026
12:00 PM
EMD deadline
14 Nov 2025
5:00 PM
Bid increment
₹2,00,000.00

Auction timeline

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

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

Property overview

Type
Industrial
Sub Type
Shed with Plant and Machinery
Possession Status
Symbolic
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Others (Release deed)
Property Price
₹1.72 Cr
Property Identifiers
Bank Property ID
UBINCHEARB3027A

Location details

Property Address
S.F. No. 70 part, Plot No.27, SIDCO Industrial Estate, SIPCOT Phase Il, Karai Revenue Village, Navlock Panchayat, Walaja Taluk, Ranipet District with Land to an extent of 15600 SFT and approximate Building area: GR Floor 13302 SFT,I Floor 7638 SFT,II Floor 1382 SFT
City: Ranipet
District: Ranipet
State: Tamil Nadu
Pin Code: 632403
Country: India

Price history

2 previous auctions
₹1.7Cr14 Nov₹1.7CrNow
₹1,71,50,000.00
30 Dec 2025
Industrial
Union Bank of IndiaPossession: Symbolic
₹1,71,50,000.00
14 Nov 2025
Industrial
Union Bank of IndiaPossession: Symbolic

Borrower & Loan details

Borrower Name
SELECT LEATHERS
Registered Address of Borrower
No 31/2A3B, Ammoor Road,Manthangal Village, Ranipet District- 632403
Owner
B RAJENDRAN
Ownership Type
Freehold
Title Deed
Others
Asset Type
Immovable
Customer ID
51773027
Borrower CIF
51773027

Additional details

Description
LAND TO AN EXTENT OF 15600 SFT AND BUILDING: GR FLOOR & ACC SHEET ROOFING 13122.82 SFT,I FLOOR 7506.49 SFT,II FLOOR1879.72 SFT.

EMD Schedule

EMD Start
21 Jan 2026
2:54 PM
EMD Deadline
28 Jan 2026
5:00 PM
Payment Deadline
14 Nov 2025

Officer Details

Authorized Officer
Smitha K
Authorised Officer - Scale - IV - CM

Auction Rules

Bid Increment
₹2,00,000.00
Extension Increment
₹2,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Others (Release deed)
Asset Type
Immovable
Property ID
UBINCHEARB3027A
Union Bank of India
Verified seller
Branch: ASSET RECOVERY BRANCH, CHENNAI-554740
IFSC: UBIN

Bank contact

+91 99999 99999
Branch Address
NO. 139BROADWAYPO - BROADWAYCHENNAI, CHENNAI, TAMIL NADUPin Code - 600108
Branch IFSC
UBIN0554740
Department
ASSET RECOVERY BRANCH, CHENNAI-554740