Factory land and Building for auction Veerappampalayam Erode 4 Cr Federal Bank

Property for Auction in Erode, Erode, Tamil Nadu

Property Type IconProperty Type:
Factory land and Building
Location IconLocation:
Erode, Erode
Auction Date IconAuction Date:
30-10-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:29-10-2025 05:00 PM

Bid Start Date:30-10-2025 11:00 AM

Property Description

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

Auction Description

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 Details

Contact Number : 04222302992/2399740

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