6,079 sq feet Factory for Auction in Industrial Estate Thirubuvanai, Puducherry – Canara

Property Details

Property type

Factory (Industrial)

Possession

Symbolic Possession

Area

6,079 sq feet (≈ 6,079 sq ft)

Reserve price / sq ft

₹850

Locality

Industrial Estate Thirubuvanai

City

Puducherry

State

Puducherry

Pincode

605107

Address

Industrial Estate Thirubuvanai, Puducherry, 605107 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

SPECIALIZED ARM BRANCH, CHENNAI-II

Auction type

SARFAESI Auction

Borrower

SRI L***** D**** F****

Auction start

08 Dec 2026, 11:00 AM

Auction end

08 Dec 2026, 12:00 PM

EMD submission deadline

07 Dec 2026, 10:00 PM

Inspection

01 Dec 2026, 11:00 AM – 01 Dec 2026, 04:00 PM

Authorised officer

babitha venugopal

Officer contact

9740145622

E-auction portal

BAANKNET (Property ID CNRB103206332SLDF)

Price Check

This listing's reserve price works out to ₹850 per sq ft. The average across industrial bank auctions in Puducherry on our site is ₹584 per sq ft, so this one is 46% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 1 Dec 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB103206332SLDF)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 07 Dec 2026, 10:00 PM. It is refunded if you don't win.
5. Bid online on 8 Dec 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.