Factory land and Building for auction 49C Melvisharam, Ranipet by Indian Overseas Bank

Indian Overseas Bank presents an auction for a significant industrial property in Melvisharam, Ranipet, Tamil Nadu. This offering includes factory land and buildings, previously owned by M/s. Vidhan Shoes Private Limited. Situated in a key industrial area, this property presents a valuable opportunity for businesses looking to expand or establish operations. The land and building are suitable for various manufacturing or warehousing purposes. This is a prime chance to acquire a substantial industrial asset in a developing region of Tamil Nadu.

Indian Overseas Bank is conducting a SARFAESI auction for a factory land and building located in Melvisharam, Ranipet, Tamil Nadu. The auction will take place on September 20, 2025, from 10:00 AM to 12:00 PM. The reserve price for this industrial property is ₹2,06,34,000.00, with an Earnest Money Deposit (EMD) of ₹20,63,400.00 required to participate. This is a unique opportunity to bid on a significant industrial asset, previously associated with M/s. Vidhan Shoes Private Limited, offering excellent potential for industrial and commercial ventures.