Factory land and Building for auction Krishnapuram village Vellore 3 Cr Indian Bank

Property for Auction in Walaja, Vellore, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
3.12 acres
Reserve Price
3,09,60,000
Reserve Price
3,09,60,000
EMD Required
30,96,000
Property Specifications
Size3.12 acres
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Factory land and Building
Location IconLocation:
Walaja, Vellore
Auction Date IconAuction Date:
19-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612204

Bank Name:Indian Bank

Branch Name:Ranipet Industrial Complex Branch

Reserve Price:3,09,60,000

EMD:30,96,000

Bid Increment:1,00,000

Auction Time:11:00 AM to 03:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:18-11-2025 05:00 PM

Bid Start Date:2025-11-19

Property Description

Prime industrial asset located in Walaja, Vellore, Tamil Nadu. This property comprises factory land and a building, suitable for a range of industrial applications. The asset is offered by Indian Bank through a SARFAESI auction. Situated in a developing industrial area, it presents a significant opportunity for businesses looking to establish or expand their operations in the region. The property's location in Vellore, a well-connected city in Tamil Nadu, ensures good logistical access.

State:Tamil Nadu

City:Vellore

Area:Walaja

Asset Category:Industrials

Full Address:SF No. 468/2, 466/1, 466/2, Rendadi road, Krishnapuram village, Maruthampakkam village panchayat, Walaja taluk, Vellore District, Krishnapuram village, Vellore

Size:3.12 acres

Auction Description

Indian Bank is conducting a SARFAESI auction for industrial property in Walaja, Vellore, Tamil Nadu. The auction will take place on November 19, 2025, with bidding open from 11:00 AM to 03:00 PM. The reserve price for this factory land and building is set at INR 3,09,60,000. An Earnest Money Deposit (EMD) of INR 30,96,000 is required to participate. This is a valuable opportunity to acquire a substantial industrial asset from a leading public sector bank.

Borrower Name:M/S THIRUPATHI ENTERPRISES

Auction Type:SARFAESI Auction

Guarantor Names:Mr N Thiruvenkadam, Mr. C Narasimman, Mrs T Loganayaki

Legal Details

Possession Status:Symbolic

Encumbrance Details:Nil

Why This Property

The property is an industrial factory land and building located in Vellore, Tamil Nadu. It is being auctioned by Indian Bank at a reserve price of ₹30960000.0. Given its industrial classification and location, this property represents a calculated opportunity for investors looking for assets in this region.

Contact Details

Branch:Branch Office : Ranipet Industrial Complex Branch

Service Provider:BAANKNET

Contact Details:

Mr. Vengateswaran PL

Contact no:9442504933

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