Industrial Land Building for Auction Sipcot Industrial Complex Phase 1 Karai Village Ranipet 1.9 Crore by Indian Bank 25 Jun 2026
SIPCOT Industrial Complex, Phase-1, Karai village, Ranipet
Area: 50.0 cents
S.No.61, Plot No.20-F, SIPCOT Industrial Complex, Phase-1, Karai village, Ranipet -632403
Indian Bank · RANIPET IC BRANCH
Reserve price
₹1,86,00,000
EMD ₹18,60,000
Auction date
25 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 50.0 cents
- ▸Locality: SIPCOT Industrial Complex, Phase-1, Karai village
- ▸Reserve: ₹1,86,00,000
- ▸EMD: ₹18,60,000
Auction snapshot
| Possession | Symbolic |
| Property type | Industrial Land & Building · Industrials |
| Locality | SIPCOT Industrial Complex, Phase-1, Karai village |
| Built-up / plot area | 50.0 cents |
| Lender | Indian Bank |
| Branch | RANIPET IC BRANCH |
| Unit / flat no. | S.No.61, Plot No.20-F |
| Building / society | SIPCOT Industrial Complex, Phase-1 |
| Floor | Ground floor (RCC & AC Sheet structures), Upstairs (ACC roofing structure) |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Industrial Land & Building bank auction in SIPCOT Industrial Complex, Phase-1, Karai village, Ranipet by Indian Bank — reserve price ₹1,86,00,000, 50.0 cents, Symbolic possession.
Discover a prime industrial property available through a bank e-auction by Indian Bank. Located at S.No.61, Plot No.20-F, SIPCOT Industrial Complex, Phase-1, Karai village, Ranipet -632403, this property offers significant investment potential. The land extent is approximately 50 cents, featuring substantial industrial infrastructure including an RCC building of 5170 Sq.ft on the ground floor, an ACC roofing building of 5170 Sq.ft upstairs, and additional ground floor structures (AC Sheet) measuring 3095 Sq.ft for workers' rest room, security room, and effluent room, complete with fixtures and fittings. This industrial land and building for sale is situated in the well-established SIPCOT area of Ranipet, a strategic location for industrial operations. The reserve price is ₹1,86,00,000.00 with an EMD of ₹18,60,000.00. The e-auction is scheduled for June 25, 2026, from 11:00 AM to 03:00 PM. This bank auction property represents a valuable opportunity for businesses seeking expansion or investors looking for industrial assets in Tamil Nadu. Encumbrance status is Nil, and possession is symbolic.
GeoSquare note: This industrial property in the well-known SIPCOT Industrial Complex in Ranipet offers a strong location advantage for businesses. With a substantial land area of 50 cents and significant built-up structures totaling over 13,000 sq.ft, it presents a good value proposition at the stated reserve price of ₹1.86 Crores. While possession is symbolic, the Nil encumbrance status adds to its appeal as a viable investment opportunity for industrial ventures in Tamil Nadu.
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