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Commercial Building IBC Liquidation

Commercial Building for Auction in Udhagamandalam – IBC Liquidation

Udhagamandalam, Tamil Nadu · Auction ID #99231

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Commercial Building for auction in Udhagamandalam – IBC LiquidationRepresentative image – no photo published by the bank
Reserve Price ₹5,86,77,000
EMD (Earnest Money)₹12
Bid Increment—
Auction Date 23 Nov 2026 In 8 days
EMD Last Date 21 Nov 2026 In 6 days
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Property Details

Property type
Commercial Building (Commercial)
Possession
Not specified
Locality
—
Pincode
643005
Address
Indu Nagar, Ootacamund, The Nilgiris - 643005 View on map

Description (as per sale notice)

Item A:Sale & disposal of following on an As-is-where-is basis - Demolition/dismantling of old building structures , salvage of the usable materials and complete clearance/disposal of debris from the site in legally compliant manner. [In Lot-1 and 3] Item B: Sale and disposal of Obsolete/discarded plant and machinery, production process waste and condemned tools and equipment on an As-is-where-is basis. In Lot-1 and Lot-2.. Location: Indu Nagar, Ootacamund, The Nilgiris - 643005
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Bank & Auction Details

Branch
—
Auction type
IBC Liquidation
Borrower
HINDUSTAN P**** F**** M** CO L*****
Auction start
23 Nov 2026
Auction end
—
EMD submission deadline
21 Nov 2026
Inspection
—
Authorised officer
Mr. Mahalingam Suresh Kumar (Liquidator)
Officer contact
—
E-auction portal
eBKray
View official sale notice
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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 (open notice).
  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 (eBKray), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹12 before 21 Nov 2026. 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 IBC Liquidation (IBBI). Always verify every detail with the official notice and the authorised officer before paying any money.

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