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Commercial Building SARFAESI Auction Symbolic Possession

1,527 sq feet Commercial Building for Auction in Pattinam, Namakkal – BOM

Pattinam, Namakkal, Tamil Nadu · Auction ID #111296

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Commercial Building for auction in Pattinam, Namakkal – BOM – photo 1
Commercial Building for auction in Pattinam, Namakkal – BOM – photo 2
Commercial Building for auction in Pattinam, Namakkal – BOM – photo 3
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Reserve Price ₹1,53,36,900
EMD (Earnest Money)—
Bid Increment—
Auction Date 18 Nov 2026, 01:00 PM In 5 days
EMD Last Date 18 Nov 2026, 12:00 PM In 5 days
Area1,527 sq feet
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
1,527 sq feet (≈ 1,527 sq ft)
Reserve price / sq ft
₹10,044
Locality
Pattinam
Pincode
637408
Address
Pattinam, Tamil Nadu, 637408 View on map

Description (as per sale notice)

Item No1 All that piece and parcel of land together with the superstructure constructed thereon and to be constructed in future there at and situated in Namakkal Registration District, Rasipuram sub-registration district, Singalanthapuram Village, S.No.366/10 extent 0.18.5 Hec assessment Rs.1.04. In these the land of 5655 Sq.ft & 16159 Sq.ft totaling 21814 Sq.ft bounded by the following boundaries East of north south Etteri West of Sendamangalam to Rasipuram Main road North of remaining property of M.S.Ganesapillai vagaiara land, east west street South of Periyannachettiyar land Item-1:- With in the above boundaries the land measuring east west 145ft north south 39ft totaling 5655 Sq.ft. Item-2 (item-1 on western side) :- With in the above boundaries the land measuring east west on northern side 147ft southern side 139ft north south on eastern side 133ft western side.93ft totaling 16159 Sq.ft Both items totaling 21814 Sq.ft. In these after sold some extent of land and leaving path way the remaining property of 17657 Sq.ft bounded by the following boundaries East of north south Etteri West of Mani land & 16 ft wide common path & land of S.A.Kanagaraj North of remaining property of M.S.Ganesapillai vagaiara land, east west street South of Periyannachettiyar land As per Sub-Division New Survey Number is 366/10A And a tiled building in it, door No.2/88A, now demolished. And all path way and other rights shown in the deed, prior deeds and all easement rights.

BAANKNET Property ID: MAHBKAMADENU
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Bank & Auction Details

Bank / Lender
Bank of Maharashtra
Branch
NAMAKKAL
Auction type
SARFAESI Auction
Borrower
KAMADENU E*****
Auction start
18 Nov 2026, 01:00 PM
Auction end
18 Nov 2026, 05:00 PM
EMD submission deadline
18 Nov 2026, 12:00 PM
Inspection
04 Nov 2026, 11:00 AM – 13 Nov 2026, 05:00 PM
Authorised officer
SURYA.K
Officer contact
8848664711
E-auction portal
BAANKNET (Property ID MAHBKAMADENU)
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Price Check

This listing's reserve price works out to ₹10,044 per sq ft. The average across commercial bank auctions in Namakkal on our site is ₹4,866 per sq ft, so this one is 106% 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 4 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID MAHBKAMADENU)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 18 Nov 2026, 12:00 PM. It is refunded if you don't win.
  5. Bid online on 18 Nov 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Bank of Maharashtra. Always verify every detail with the official notice and the authorised officer before paying any money.

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