24372 Square Feet Plot for Sale in Pillaiarkuppam

The INDIAN BANK, a Public sector organization in India, has issued a Government E-Auction Notice for 24372 Square Feet Plot for Sale in Pillaiarkuppam in Pondicherry, Puducherry (UT), India.

This Auction Notification (Tender ID: IDIB882242774A | Ref ID: 147728901). The estimated auction value is ₹ 5480000. The notice was published on 22 Aug 2026, and the e-auction is scheduled to begin on 27 Aug 2026 through the designated e-procurement / e-auction portal.

This public sector e-auction in India provides an opportunity for eligible bidders, contractors, traders, and suppliers to participate in a transparent online bidding process. Interested participants are advised to carefully review the eligibility criteria, asset details, reserve price (if applicable), registration process, EMD requirements, and bidding terms before the auction start date.

Businesses seeking government auction opportunities in India should regularly monitor this listing for corrigendum updates, document downloads, and auction participation guidelines.

Procurement Summary

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Country: India

State: Puducherry (UT)

Summary: 24372 Square Feet Plot for Sale in Pillaiarkuppam

Posting Date: 22 Aug 2026

Deadline: 27 Aug 2026

Purchaser's Detail

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Other Information

Notice Type: Auction

RefID: 147728901

Notice Ref. No.: IDIB882242774A

Tender Value: ₹ 5480000

Tender EMD: ₹ 548400.00

Tender Document Cost: Refer Document

Competition: NCB

Financier: Self Financed

Purchaser Ownership: Public

Tender's Details

24372 square feet Plot for sale in Pillaiarkuppam
Auction ID : 339342
Auction ID339342
Customer ID388111743
Bank Property IDIDIB882242774A
BranchLAWSPET - 826
Officer, DesignationP VELAYUTHAM-Authorised Officer - Scale - IV - CM
BankIndian Bank
Property TypeResidential
Property Sub TypePlot
Borrower's NameM/S PRIYA DELUXE BAR PROP RMS VASANTHA
Registered Address of BorrowerKRISHNA NAGAR MAIN ROAD, ECR, LAWSPET
Type of ActionUnder SARFAESI
Inspection Date & Time From: 21-08-2026 10:00
Inspection Date & Time To: 27-08-2026 11:00
Dealing Officer Name, Designation: VELAYUTHAM P
Mobile No.: 9443022917
Branch Address: 169, LAWSPET MAIN ROAD, LAWSPET, PUDUCHERRY 605008
Carpet Area 24372.00 sq feet
Possession TypeSymbolic
Reserve price54.8 Lac
EMD Amount₹5, 48, 400.00
EMD End Date & Time27-08-2026 15:45
Auction Start Date & Time27-08-2026 12:00
Auction End Date & Time27-08-2026 16:00
Reserve price: ₹54, 84, 000.00
EMD: ₹5, 48, 400.00
Increment Price: ₹50, 000.00
Increment Price During Extension: ₹50, 000.00
Extend Time When Valid Bid Received in Last(In Minutes): 10
Extend Time By (In Minutes): 10
Property Type: Residential
Property Sub Type: Plot
Possession Type: Symbolic
Property Address: VACANT LAND PROPERTY LOCATED AT RESURVEY NUMBER 49/1, CADESTRE NUMBER 1205 PATTA NUMBER 770, BAHOUR REVENUE VILLAGE, VILLAGE NUMBER 76, BAHOUR COMMUNE PANCHAYAT, BAHOUR SUB REGISTRATION DISTRICT PUDUCHERRY REGISTRATION DISTRICT HAVING EXTENT OF 22 ARES AND 64 CA OR 42 KU 5 VIS
Is this property available for Loan offer?: No
Carpet Area in Sq. Feet: 24372.00