Land SARFAESI Auction Symbolic Possession

Land for Auction in Thoothukudi – IFCI

Thoothukudi, Tamil Nadu · Auction ID #112557

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Land for auction in Thoothukudi – IFCI – photo 1
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Reserve Price ₹26,80,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 19 Nov 2026, 11:30 AM In 9 days
EMD Last Date 18 Nov 2026, 11:30 AM In 8 days
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Property Details

Property type
Land (Land & Agricultural)
Possession
Symbolic Possession
Locality
—
Pincode
628001
Address
Thoothukudi, Tamil Nadu, 628001 View on map

Description (as per sale notice)

BAANKNET Property ID: IFCI04
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Bank & Auction Details

Bank / Lender
IFCI
Branch
Branch Office Legal Department
Auction type
SARFAESI Auction
Borrower
Coastal E***** P** L**
Auction start
19 Nov 2026, 11:30 AM
Auction end
19 Nov 2026, 01:00 PM
EMD submission deadline
18 Nov 2026, 11:30 AM
Inspection
13 Nov 2026, 11:00 AM – 13 Nov 2026, 04:00 PM
Authorised officer
P Sivakumar
Officer contact
9951611815
E-auction portal
BAANKNET (Property ID IFCI04)
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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 13 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID IFCI04)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 18 Nov 2026, 11:30 AM. It is refunded if you don't win.
  5. Bid online on 19 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 IFCI. Always verify every detail with the official notice and the authorised officer before paying any money.

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