Property for Auction in Ramanathapuram Taluk, Ramanathapuram, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612630
Bank Name:THE TAMILNADU INDUSTRIAL INVESTMENT CORPORATION LTD
Branch Name:Madurai Branch Office
Reserve Price:₹71,28,000
EMD:₹5,00,000
Bid Increment:₹5,000
Auction Time:11.00 A.M. to 1.00 P.M.
Service Provider:drt.auctiontiger.net
Submission Date:2025-11-25
Bid Start Date:2025-11-28
Industrial property comprising factory land and building located in Ramanathapuram Taluk, Ramanathapuram, Tamil Nadu. Formerly operated by M/S Aanantham Aqua Product. Situated in a key industrial area, this asset offers significant potential for manufacturing, warehousing, or redevelopment. The property includes existing structures that may be repurposed or renovated. Its strategic location in Ramanathapuram provides access to regional infrastructure and markets. Ideal for investors seeking a substantial industrial asset with diverse application possibilities.
State:Tamil Nadu
City:Ramanathapuram
Area:Ramanathapuram Taluk
Asset Category:Industrials
Full Address:S.No. 105/7A, S.No. 105/7A, Nambaivalasai, Keelanagachi Post, Uchipuli Taluk, Ramanathapuram-623534, Nambaivalasai, Keelanagachi Post, Uchipuli, Ramanathapuram
Size:84 cents
THE TAMILNADU INDUSTRIAL INVESTMENT CORPORATION LTD is conducting a SARFAESI auction for a prime industrial property in Ramanathapuram Taluk, Ramanathapuram, Tamil Nadu. The asset includes factory land and buildings, with a reserve price of ₹71,28,000 and an Earnest Money Deposit (EMD) of ₹5,00,000. This is a unique opportunity to acquire a substantial industrial unit previously belonging to M/S Aanantham Aqua Product. The auction will be held online on November 28, 2025, from 11:00 AM to 01:00 PM. Interested bidders must submit their EMD prior to the auction. Full details and inspection schedules are available upon request.
Borrower Name:M/S Aanantham Aqua Product
Auction Type:SARFAESI Auction
Encumbrance Details:Not Known to Bank
The property is an industrial land with a factory building in Ramanathapuram. Given the location and the type of property, it presents a calculated investment opportunity. The reserve price and auction terms need careful evaluation for potential returns.
Branch:Branch Office : Madurai Branch Office
Service Provider:drt.auctiontiger.net
Contact Details:
Contact no:8778040572