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Auction date awaited. The bank has listed this property for sale but has not scheduled the auction yet. The price shown is the bank's indicative price. Save it or get free alerts — once the auction is announced it will appear in our auction listings with the reserve price, EMD and date.

Factory Bank Auction Symbolic Possession

Factory for Sale (Bank Auction) in Karuppur, Salem – BOI

Karuppur, Salem, Tamil Nadu · Auction ID #58562

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Factory photo 1
Indicative Price ₹33,50,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —

Property Details

Property type
Factory (Industrial)
Possession
Symbolic Possession
Locality
Karuppur
City
Salem
Pincode
636012
Address
Karuppur, Tamil Nadu, 636012 View on map

Description (as per sale notice)

LAND WITH SHED. LAND FOR AN EXTENT OF 30000 SQFT

BAANKNET Property ID: BKIDCBE261222_01

Bank & Auction Details

Bank / Lender
Bank of India
Branch
SWARNAPURI-8190
Auction type
Bank Auction
Borrower
LOHIT E*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

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 BKIDCBE261222_01)), 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.

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

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