3,662 sq feet Commercial Building for Sale (Bank Auction) in Sidco Industrial Estate, Walaja, Chettithangal, Ranipet – Canara

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

3,662 sq feet (≈ 3,662 sq ft)

Reserve price / sq ft

₹3,987

Locality

Sidco Industrial Estate, Walaja, Chettithangal

City

Ranipet

State

Tamil Nadu

Pincode

632403

Address

SIDCO Industrial Estate, Walaja, Chettithangal, Tamil Nadu, 632403 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

M/s S***** T*****

Auction start

—

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

BAANKNET (Property ID CNRBSUNTECHTRANS)

Price Check

This listing's reserve price works out to ₹3,987 per sq ft. The average across commercial bank auctions in Ranipet on our site is ₹3,041 per sq ft, so this one is 31% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRBSUNTECHTRANS)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on — 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.