Factory land and Building for auction Radhapuram Tirunelveli 2 Cr Federal Bank

This auction features a substantial industrial property located in Radhapuram, Tirunelveli, Tamil Nadu. The property comprises factory land and buildings, making it suitable for a range of manufacturing or warehousing operations. Situated in a key area of Tirunelveli, this asset offers significant potential for industrial development and expansion. The property is being auctioned by Federal Bank following SARFAESI Act proceedings against Mr Rahgav Industries Limited.

Federal Bank is conducting an online SARFAESI auction for a factory land and building located in Radhapuram, Tirunelveli, Tamil Nadu. The auction is scheduled for October 30, 2025, running from 11:00 AM to 12:00 PM. The reserve price for this industrial asset is ₹1,80,00,000, with an Earnest Money Deposit (EMD) of ₹18,00,000 required to participate. This is a prime opportunity to acquire a significant industrial property in the Tirunelveli region.