Property for Auction in Erode, Erode, Tamil Nadu
Auction ID:587045
Bank Name:Federal Bank
Branch Name:LCRD – COIMBATORE DIVISION
Reserve Price:₹4,50,00,000
EMD:₹45,00,000
Service Provider:Public Auction
Submission Date:29-10-2025 05:00 PM
Bid Start Date:30-10-2025 11:00 AM
A prime industrial property located in Erode, Tamil Nadu, featuring factory land and a building. This asset is part of a SARFAESI auction conducted by Federal Bank, offering a significant opportunity for industrial investment. Situated in the well-connected Erode area, the property presents a robust infrastructure suitable for manufacturing or warehousing operations. Its strategic location within Tamil Nadu enhances its commercial viability.
State:Tamil Nadu
City:Erode
Area:Erode
Asset Category:Industrials
Federal Bank is conducting a SARFAESI auction for industrial property, including factory land and a building, in Erode, Tamil Nadu. The auction has a reserve price of ₹4,50,00,000 and an Earnest Money Deposit (EMD) of ₹45,00,000. This is a prime opportunity for businesses seeking industrial space or investors looking to acquire a valuable asset. The auction will take place on 30-10-2025, with bidding open between 11:00 AM and 12:00 PM. Don't miss this chance to acquire a significant industrial asset in Erode.
Borrower Name:Mr Rahgav Industries Limited
Auction Type:SARFAESI Auction
Contact Number : 04222302992/2399740