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Industrial in Thuvarasi Village

Thuvarasi Village, Tirunelveli

Reserve price
₹4.99 Cr
Auction date
13 Mar 2026
11:00 AM
EMD deadline
28 Nov 2025
4:00 PM
Bid increment
₹10,00,000.00

Location details

Property Address
S.No 19 & 20 Thuvarasi Village, Tirunelveli Taluk, Tirunelveli District
Locality: Thuvarasi Village
City: Tirunelveli
District: Tirunelveli
State: Tamil Nadu
Pin Code: 627006
Country: India
Nearest Airport / Railway Station / Bus Stand
Tuticorin Airport, Tirunelveli Railway Station

Auction timeline

Auction starts
13 Mar 2026 at 11:00 AM
Auction ends
13 Mar 2026 at 4:00 PM
EMD submission deadline
28 Nov 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
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹4.99 Cr
Property Identifiers
Bank Property ID
SBINARJUNPULPFACPM
CERSAI ID
200024507714
Collateral ID
77462133998

Property Images

Price history

6 previous auctions
₹13.8Cr20 Nov₹11.8Cr₹5.0Cr₹5.0CrNow 63.9% down
₹4,99,00,000.00
29 Jan 2026
Industrial
State Bank of India logoState Bank of IndiaPossession: Physical
₹4,99,00,000.00
23 Dec 2025
Industrial
State Bank of India logoState Bank of IndiaPossession: Physical
₹4,99,00,000.00
28 Nov 2025
Industrial
State Bank of India logoState Bank of IndiaPossession: Physical

Borrower & Loan details

Borrower Name
M/s. Arjun Pulp and Paper (India) Private Limited
Registered Address of Borrower
S.no.23, 101, Thandalam Group, Velanthangal VilIage, lrungattukotai, Sriperumbadur 602105
Ownership of Property
Borrower
NPA Amount
₹87.11 Cr
NPA Date
20 Apr 2019
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
77462133998
Customer ID
85181199141
Demand Notice
Notice Date
17 Dec 2020
Notice Amount
₹52.19 Cr
Asset Classification
Classification Date
29 Dec 2023
Classification ID
1
Possession Dates
Physical
04 May 2024

Additional details

Description
Plant & Machinery, located in factory at S.No 19 & 20 Thuvarasi Village, Tirunelveli Taluk, Tirunelveli District as listed in Annexure 1

EMD Schedule

EMD Start
20 Feb 2026
3:33 PM
EMD Deadline
13 Mar 2026
4:00 PM
Payment Deadline
28 Nov 2025

Inspection Schedule

Inspection Start
25 Feb 2026
11:00 AM
Inspection End
25 Feb 2026
4:00 PM

Officer Details

Authorized Officer
MANOJ KUMAR
AGM
Dealing Officer
Manoj Kumar, AGM

Auction Rules

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

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
77462133998
CERSAI ID
200024507714
Property ID
SBINARJUNPULPFACPM

Nearby Amenities

Nearest Station
Tuticorin Airport, Tirunelveli Railway Station
State Bank of India logo
State Bank of India
Verified seller
Branch: SAMB CHENNAI-04105
IFSC: SBIN

Bank contact

+91 94806 92175+91 98056 22640
Branch Address
RED CROSS BUILDING 32 RED CROSS ROAD EGMORE, CHENNAI
Branch IFSC
SBIN0000878
Department
SAMB CHENNAI-04105