Auction Closed · Scheduled Auction Date Passed (28 Sept 2026)
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Land & Building (Industrial) Auction in Palakkad | Indian Bank Auction
Land & Building, Vadakarapathy Village, Chittur Taluk, Palakkad - Silverstone Elastomers · Reserve price ₹ 5,68,00,000 · Auction on 28 Sept 2026
₹ 5,68,00,000
Reserve price
Reserve price
₹ 5,68,00,000
EMD
₹ 56,80,000
Auction date
28 Sept 2026
Status
Ended
Bank
Indian Bank
Possession
physical
Photos do not establish property condition or title. Confirm the location, inspection window, terms and latest sale notice directly with the selling authority before paying EMD.
Property details
- Property Type
- Land & Building (Industrial)
- Description
- E-Auction of land & building mortgaged to Indian Bank, Thiruvananthapuram Branch. Recovery of Rs.17,78,85,069/- as on 08.09.2026. Encumbrance: attachment dated 19.04.2025 for Rs.1,11,91,141/- favouring M/s Sundaram Finance Ltd. Property ID: IDIB006238757897. Platform: https://baanknet.com.
- Possession
- physical
- Locality
- Palakkad
- Full Address
- Vadakarapathy Village, Chittur Taluk, Kozhinjampara SRO, Palakkad District
- Pincode
- 678556
Bank & auction terms
- Auction ID
- AX-0P1P2PF
- Bank / Authority
- Indian Bank
- Reserve Price
- ₹ 5,68,00,000
- EMD Amount
- ₹ 56,80,000
- Auction Date
- 28 Sept 2026
- Auction Time
- 11:00
- Borrower Name
- M/s Silverstone Elastomers Private Limited, Mr.K J Jacob (MD), Mr.Jacob Cherian (Director), M/s Silverstone Rubber India Pvt Ltd (Borrowers/Guarantors)
- Bank Contact Details
- 04712474258, 9446534258
Auction documents
- Sale noticesale notice
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