Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612629
Bank Name:THE TAMILNADU INDUSTRIAL INVESTMENT CORPORATION LTD
Branch Name:Madurai Branch Office
Reserve Price:₹53,00,000
EMD:₹5,30,000
Bid Increment:₹5,000
Auction Time:11.00 A.M. to 1.00 P.M.
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-28
Property Description
This auction features a valuable lot of plant and machinery from THE TAMILNADU INDUSTRIAL INVESTMENT CORPORATION LTD, located in Madurai, Tamil Nadu. The assets were previously used by M/S Aanantham Aqua Product and are categorized as scrap, plant & machinery. This is an excellent opportunity to acquire industrial equipment at a bank auction.
State:Tamil Nadu
City:Madurai
Area:Madurai
Asset Category:Scrap, Plant & Machinery
Full Address:S.No.105/7A, S.No.105/7A, Nambaivalasai, Keelanagachi Post, Uchipuli Taluk, Ramanathapuram-623534, Nambaivalasai, Keelanagachi Post, Uchipuli Taluk, Madurai
Size:1924+676 Sq.ft
Auction Description
A SARFAESI auction conducted by THE TAMILNADU INDUSTRIAL INVESTMENT CORPORATION LTD for scrap, plant & machinery located in Madurai, Tamil Nadu. The auction has a reserve price of ₹53,00,000 and an EMD of ₹5,30,000. Bidding opens on November 28, 2025, at 11:00 AM and closes at 01:00 PM on the same day. Don't miss this chance to acquire industrial assets.
Borrower Name:M/S Aanantham Aqua Product
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, located in Madurai, offers a blend of machinery and land suitable for industrial purposes. The reserve price is reasonable, making it a calculated opportunity for those in the water bottling or related industries. Potential investors should carefully assess the machinery's condition and market demand before bidding.
Contact Details
Branch:Branch Office : Madurai Branch Office
Service Provider:drt.auctiontiger.net
Contact Details:
Contact no:8778040572
