Industrial Land Building for Auction Kagguchi Village T Manihatty Nilgiris 1.4 Crore by Bank of Baroda 07 Jul 2026
Kagguchi Village, T. Manihatty, Nilgiris
Area: 7744.50 sq. ft.
Old S.F.No.511/5, New S.F.No.1029, T.Manihatty, Kagguchi Village, Udhagamandalam Taluk, Kotagiri Sub Registration District, Nilgiris Registration District, Tamil Nadu
Bank of Baroda · Regional Stressed Asset Recovery Branch
Reserve price
₹1,35,00,000
EMD ₹13,50,000
Auction date
07 Jul 2026, 02:00 PM
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Quick read
- ▸Possession: Physical Possession
- ▸Area: 7744.50 sq. ft.
- ▸Locality: Kagguchi Village, T. Manihatty
- ▸Reserve: ₹1,35,00,000
- ▸EMD: ₹13,50,000
Auction snapshot
| Possession | Physical Possession |
| Property type | Industrial Land & Building · Industrials |
| Locality | Kagguchi Village, T. Manihatty |
| Built-up / plot area | 7744.50 sq. ft. |
| Lender | Bank of Baroda |
| Branch | Regional Stressed Asset Recovery Branch |
| Unit / flat no. | Old S.F.No.511/5, New S.F.No.1029 |
| Floor | Ground Floor & First Floor (Industrial Building, Open Shed, Heater Room) |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Industrial Land & Building bank auction in Kagguchi Village, T. Manihatty, Nilgiris by Bank of Baroda — reserve price ₹1,35,00,000, 7744.50 sq. ft., Physical Possession possession.
Discover a lucrative bank auction property: an industrial land spanning 1.00 acre with a substantial industrial building totaling 7744.50 sq. ft. in Kotagiri, Nilgiris, Tamil Nadu. This prime industrial property features a ground floor (3690 sq. ft.), first floor (2790 sq. ft.) industrial building, a 922.50 sq. ft. open shed on the first floor, and a 342 sq. ft. heater room on the ground floor. Located in T. Manihatty, Kagguchi Village, this industrial asset offers physical possession and is being auctioned by Bank of Baroda with a reserve price of ₹1,35,00,000.0 and EMD of ₹1,350,000.0. An excellent opportunity for businesses looking for commercial property for sale or investors seeking industrial assets in a strategic location.
GeoSquare note: This industrial land and building offers significant potential due to its substantial size (1 acre land, 7744.50 sq. ft. built-up) and location in Nilgiris. The physical possession status is a major advantage, reducing transactional risks. The property type is suitable for various industrial ventures, making it a strong buy for investors or businesses looking to expand, particularly at the attractive reserve price set for a bank auction.
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