Plot for Sale in Karaikal

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

This Auction Notification (Tender ID: IDIB718130593 | Ref ID: 147600432). The estimated auction value is ₹ 47000000. The notice was published on 20 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: Plot for Sale in Karaikal

Posting Date: 20 Aug 2026

Deadline: 27 Aug 2026

Purchaser's Detail

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Other Information

Notice Type: Auction

RefID: 147600432

Notice Ref. No.: IDIB718130593

Tender Value: ₹ 47000000

Tender EMD: ₹ 4650000.00

Tender Document Cost: Refer Document

Competition: NCB

Financier: Self Financed

Purchaser Ownership: Public

Tender's Details

Plot for sale in Karaikal
Auction ID : 345026
Auction ID345026
Customer ID309111554
Bank Property IDIDIB718130593
BranchKARAIKAL - 296
Officer, DesignationPETER POWELL-Authorised Officer - Scale - IV - CM
BankIndian Bank
Property TypeResidential
Property Sub TypePlot
Borrower's NameR S WINES
Registered Address of BorrowerMAIN ROAD, MELAVANJORE, T.R. PATTINAM, KARAIKAL
Type of ActionUnder SARFAESI
Inspection Date & Time From: 13-08-2026 22:00
Inspection Date & Time To: 27-08-2026 10:00
Dealing Officer Name, Designation: PETER POWELL
Mobile No.: 7708855192
Branch Address: 80, BHARATHIAR ROAD, KARAIKAL, UT OF PONDICHERRY 609602
Reserve price: ₹4, 65, 00, 000.00
EMD: ₹46, 50, 000.00
Increment Price: ₹1, 00, 000.00
Increment Price During Extension: ₹1, 00, 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: R S NO 175/3A, NO 24 NORTH STREET KARAIKAL
Is this property available for Loan offer?: No