Commercial Building SARFAESI Auction Symbolic Possession

1 sq feet Commercial Building for Auction in Sidco Industrial Estate Periyanesalur, Cuddalore – Canara

Sidco Industrial Estate Periyanesalur, Cuddalore, Tamil Nadu · Auction ID #113641

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Commercial Building for auction in Sidco Industrial Estate Periyanesalur, Cuddalore – Canara – photo 1
Reserve Price ₹2,04,67,000 5.3% lower than previous auction (₹2.16 Cr)
EMD (Earnest Money)—
Bid Increment—
Auction Date 23 Nov 2026, 11:00 AM In 10 days
EMD Last Date 22 Nov 2026, 10:00 PM In 9 days
Area1 sq feet
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
1 sq feet (≈ 1 sq ft)
Reserve price / sq ft
₹2,04,67,000
Locality
Sidco Industrial Estate Periyanesalur
Pincode
606304
Address
SIDCO Industrial Estate Periyanesalur, Tamil Nadu, 606304 View on map

Description (as per sale notice)

All part and parcel of the property In Cuddalore District, Viruddhachalam Registration District, Veppur Sub-Registar limit,Veppur Taluk,Veppur Village Limit. Survey No: Dry R.S.No.58/3A (Now Sub-divided in R.S No.58/3A2 Patta No.1241) Extent of Areas (in Acres ) :Out Of 1 Acre 42 cents in this 20 cents or 8720 square feet vacant site Location: VEPPUR Village Boundaries: South of the applicant’s father Rajamani remaining sites, North of the Road, West of the street, East of the Muralidhasan land

BAANKNET Property ID: CNRB98877204rainbowhard
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Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALIZED ARM BRANCH, CHENNAI-II
Auction type
SARFAESI Auction
Borrower
RAINBOW H*****
Auction start
23 Nov 2026, 11:00 AM
Auction end
23 Nov 2026, 12:00 PM
EMD submission deadline
22 Nov 2026, 10:00 PM
Inspection
16 Nov 2026, 11:00 AM – 16 Nov 2026, 04:00 PM
Authorised officer
BABITHA VENUGOPAL
Officer contact
9740145622
E-auction portal
BAANKNET (Property ID CNRB98877204rainbowhard)
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Price Check

This listing's reserve price works out to ₹2,04,67,000 per sq ft. The average across commercial bank auctions in Cuddalore on our site is ₹2,130 per sq ft, so this one is 960792% 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.

Previous Auctions of This Property

Auction dateReserve price
23 Nov 2026₹2,04,67,000This auction
22 Oct 2026₹2,16,04,000View

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 16 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRB98877204rainbowhard)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 22 Nov 2026, 10:00 PM. It is refunded if you don't win.
  5. Bid online on 23 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 Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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