Factory land and Building for auction Velagoundampatti Namakkal 16 Cr Federal Bank

This auction features a significant industrial property in Velagoundampatti, Namakkal, Tamil Nadu. The asset includes factory land and a building, previously owned by Mr Rahgav Industries Limited. Located in a key industrial area, this property offers substantial potential for manufacturing or warehousing operations. The sale is conducted under SARFAESI regulations by Federal Bank.

Federal Bank presents a SARFAESI auction for industrial property in Velagoundampatti, Namakkal. The auction includes factory land and buildings with a reserve price of ₹16,25,00,000 and an EMD of ₹1,62,50,000. This is an opportunity to acquire a significant industrial asset in Tamil Nadu. The auction will take place on October 30, 2025, from 11:00 AM to 12:00 PM.