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Spinning Mill — SARFAESI Auction Lot
Erode, Tamil Nadu · India
NPA spinning unit acquired through a scheduled bank auction under SARFAESI. 28,000 spindles, humidification plant, DG sets, structural sheds and the complete utilities block.
Available immediately
Why This Project
- Clean title through the bank — no promoter dues or encumbrances carried forward
- Sale certificate issued, possession already taken
- Machinery still on foundations, viable for resale as running units
- Compact 9-acre site with all-weather road access
- No litigation pending against the asset
Estimated Material Breakdown
Indicative only, based on our site survey. Final tonnage is confirmed on weighment.
Site Details
| Facility type | Spinning mill, 28,000 spindles |
| Acquisition route | SARFAESI e-auction, scheduled bank |
| Title status | Sale certificate issued, possession taken |
| Site area | 9 acres |
| Access | 4 km from Erode–Perundurai road |
| Demolition window | 5 months |
| Our condition assessment | 4.5 / 5 — material quality, access and documentation |
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