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Land SARFAESI Auction

90 cent Land for Auction in Karur – Omkara ARC

Karur, Tamil Nadu · Auction ID #4386

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Reserve Price ₹7,10,00,000
EMD (Earnest Money)₹71,00,000
Bid Increment₹7,00,000
Auction Date 13 Oct 2026, 11:00 AM In 12 days
EMD Last Date 12 Oct 2026, 06:00 PM In 11 days
Area90 cent

Property Details

Property type
Land (Land & Agricultural)
Possession
Not specified
Area
90 cent (≈ 39,204 sq ft)
Reserve price / sq ft
₹1,811
Locality
—
City
Karur

Description (as per sale notice)

Pari Passu charge with Kotak Mahindra Bank (erstwhile Lakshmi Vilas Bank) on the EM of factory land having an extent of 90 cents (45 cents in TS Nos 93 & 45 cents in TS No.93 & 16/1) with superstructures thereon, Item No.1:- In Pallapatty Village T.S.No.93, extent 45 cents belonging to (i) Mr. B.S. Selvakumar (ii) Mr. B.S. Mohan Kumar (iii) Mr. B.S. Muralidharan & (iv) Mrs. Vasantha situated North of Sri. S. Ravi Babu Property, South of LSP Oil Mill compound, East of Sivaramalingaudayar property, West of marketing society & Mannarchettiyar Property Item No.2 :-In Pallapatty Village T.S.No.93& 16/1, extent 45 cents belonging to (i) Mr. B.K. Hemanth Kumar, (ii) Mr. B.C. Dharmaprakash, (iii) Mr. B.C. Karthik, (IV) Mr. B.K. Rajaganesh & (V) Mr. B.K. Sivakaumar situated North of Sivaramalingaudayar land, South of Mannar Cheety land and B.P.Prusothaman Vadaiyar Property, East of Sivaramalingaudayar land, West of 16 wide itteri common pathway and mannarchetty land.

Bank & Auction Details

Branch
Omkara PS 01/2025-26 Trust
Auction type
SARFAESI Auction
Borrower
LSP A*** L*****
Auction start
13 Oct 2026, 11:00 AM
Auction end
13 Oct 2026, 12:00 PM
EMD submission deadline
12 Oct 2026, 06:00 PM
Inspection
09 Oct 2026, 12:00 PM – 09 Oct 2026, 02:00 PM
Authorised officer
—
Officer contact
—
View official sale notice

Price Check

This listing's reserve price works out to ₹1,811 per sq ft. The average across land & agricultural bank auctions in Karur on our site is ₹1,097 per sq ft, so this one is 65% 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 (open notice).
  2. Inspect the property on 9 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India (bankeauctions.com)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹71,00,000 before 12 Oct 2026, 06:00 PM. It is refunded if you don't win.
  5. Bid online on 13 Oct 2026 starting above the reserve price, in multiples of ₹7,00,000.
  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.

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 Omkara Assets Reconstruction. Always verify every detail with the official notice and the authorised officer before paying any money.

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