BanksAuctions.com logo
anksAuctions.com
OtherUpcoming auctionVerified listing

Other in Kanakkampalayam

Kanakkampalayam

Reserve price
₹1.83 Cr
Auction date
11 Mar 2026
11:00 AM
EMD deadline
25 Sept 2025
3:00 PM
Bid increment
₹1,00,000.00

Location details

Property Address
D.NO:802-B,S.F.NO:176/2C2B,176/2C3B,ANDIPALAYAM NORTH,VINAYAGAPURAM,MEENAKSHI NAGAR,NEAR WASHINGTON NAGAR, KANAKKAMPALAYAM VILLAGE,AVINASHI TALUK,TIRUPUR-641666
City: Kanakkampalayam
District: Tiruppur
State: Tamil Nadu
Pin Code: 641666
Country: India
View on Google Maps

Auction timeline

Auction starts
11 Mar 2026 at 11:00 AM
Auction ends
11 Mar 2026 at 4:00 PM
EMD submission deadline
25 Sept 2025 at 3:00 PM

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

Property overview

Type
Other
Sub Type
Others
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹2.04 Cr
Property Identifiers
Bank Property ID
PUNB04490027
Collateral ID
RBB52461833

Property Images

Price history

8 previous auctions
₹1.9Cr8 Oct₹1.7Cr₹2.0Cr₹2.0Cr₹1.8CrNow↓ 5.0% down
₹1,83,33,000.00
6 Feb 2026
Other
Punjab National Bank logoPunjab National BankPossession: Symbolic
₹2,03,70,000.00
12 Jan 2026
Other
Punjab National Bank logoPunjab National BankPossession: Symbolic
₹2,03,70,000.00
10 Dec 2025
Other
Punjab National Bank logoPunjab National BankPossession: Symbolic

Borrower & Loan details

Borrower Name
M/S. SIYARNS FABRIC INDIA PVT LTD
Registered Address of Borrower
D.NO:41,8TH STREET,LEVEL-IV,SHRISTI MAHAL,TATABAD,COIMBATORE-641012
Owner
V.GUGANESWARAN
Co-Borrower(s)
K.DURAIRAJ,V.GUGANESWARAN
NPA Amount
₹9.03 Cr
NPA Date
13 May 2021
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
RBB52461833
Customer ID
ARG023982
Demand Notice
Notice Date
16 Jul 2021
Notice Amount
₹9.12 Cr
Asset Classification
Classification Date
13 May 2021
Classification ID
4
Possession Dates
Symbolic
06 Dec 2021

Additional details

Description
RESIDENTIAL & COMMERCIAL Building

EMD Schedule

EMD Start
20 Feb 2026
4:56 PM
EMD Deadline
11 Mar 2026
3:00 PM
Payment Deadline
25 Sept 2025

Officer Details

Authorized Officer
SYMA JAYAPRAKASAN
Authorised Officer - Scale - IV - CM

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
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
RBB52461833
Property ID
PUNB04490027
Punjab National Bank logo
Punjab National Bank
Verified seller
Branch: ARMB COIMBATORE 437100
IFSC: PUNB

Bank contact

+91 93923 87502
Branch Address
448 A,DR.NANJAPPA ROAD,COIMBATORE
Branch IFSC
PUNB0437100
Department
ARMB COIMBATORE 437100