Land for auction Rasipuram Namakkal 6 Cr Religare Finvest Ltd

Property for Auction in Rasipuram, Namakkal, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Rasipuram, Namakkal
Auction Date IconAuction Date:
31-10-2025 11:30 AM

Auction Details

Auction ID:597448

Bank Name:Religare Finvest Ltd

Branch Name:Regd Off

Reserve Price:5,55,94,882

EMD:55,59,488

Service Provider:Public Auction

Important Dates

Submission Date:30-10-2025 05:00 PM

Bid Start Date:31-10-2025 11:30 AM

Property Description

A prime parcel of land located in Rasipuram, Namakkal, Tamil Nadu. This asset, formerly associated with Sri Ramavilas Rice Mill, is categorized as residential. The property is being auctioned by Religare Finvest Ltd under the SARFAESI Act. Situated in a key area of Namakkal, this land presents a significant opportunity for development or investment.

State:Tamil Nadu

City:Namakkal

Area:Rasipuram

Asset Category:Residential

Auction Description

Religare Finvest Ltd is conducting a SARFAESI auction for a valuable land parcel in Rasipuram, Namakkal, Tamil Nadu. The auction will take place on October 31, 2025, from 11:30 AM to 12:00 PM. The reserve price is set at INR 5,55,94,882, with an Earnest Money Deposit (EMD) of INR 55,59,488. This is a unique chance to acquire a substantial plot of land in a developing region. Interested parties should review all auction terms and conditions prior to bidding.

Borrower Name:Sri Ramavilas Rice Mill

Auction Type:SARFAESI Auction

Contact Details

Mr.Paramesh KN : 89396 05467 and Mr. A.Wilson : 93110 56699

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