Plastic Park Tinsukia Industrial Shed Auction: Industrial Shed – Reserve ₹1.77 Cr (9 Oct 2026)

Here is a fresh bank e-auction worth tracking: the Plastic Park Tinsukia industrial shed auction, offered by Canara Bank at a reserve of ₹1.77 Cr. On offer is a industrial shed in Plastic Park Tinsukia, Tinsukia (PIN 786126). The online auction runs on 9 October 2026 (11:30 AM to 1:30 PM) with a reserve price of ₹1,77,40,000.

The property is being sold under SARFAESI on an “as is where is, as is what is and whatever there is” basis. Below are the reserve price, EMD, key dates, location details, bidding steps and a due diligence checklist for this auction.

Plastic Park Tinsukia Industrial Shed Auction: Key Highlights

• Reserve price: ₹1,77,40,000 (₹1.77 Cr)
• EMD: ₹17,74,000
• Bid increment: ₹1,00,000
• Auction: 9 October 2026, 11:30 AM to 1:30 PM
• Last date for EMD: 8 October 2026, 5:00 PM
• Location: Plastic Park Tinsukia, Tinsukia, Assam
• Possession: Symbolic

Plastic Park Tinsukia Industrial Shed Auction – Complete Details

Auction ID	361736
Bank property ID	CNRB62671130
Bank	Canara Bank
Branch	Kolkata Specialised Arm Branch
Property type	Industrial – Industrial Shed
City / District	Plastic Park Tinsukia, Tinsukia
State	Assam
PIN code	786126
Type of possession	Symbolic
Type of action	Under SARFAESI
Reserve price	₹1,77,40,000
EMD	₹17,74,000
Bid increment	₹1,00,000
Auto-extension	10 minutes per late bid

About the Location – Plastic Park Tinsukia

This listing falls in Plastic Park Tinsukia, Tinsukia, Assam, postal code 786126. Assam’s property market is led by Guwahati, the gateway to the North-East, with Dibrugarh, Silchar and Jorhat as other key towns. The handling branch is Kolkata Specialised Arm Branch, which is usually the best contact for site visits and local queries.

Is the Plastic Park Tinsukia Industrial Shed Auction Worth It?

The EMD of ₹17,74,000 is 10% of the reserve price and is refunded to unsuccessful bidders. Bank e-auctions often close near the reserve price when there are few bidders, which is where well-prepared buyers find value. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.

Important Dates for the Plastic Park Tinsukia Industrial Shed Auction

• EMD submission opens: 17 September 2026
• Last date for EMD: 8 October 2026, 5:00 PM
• E-auction: 9 October 2026, 11:30 AM to 1:30 PM
• Auto-extension: 10 minutes for every bid in the last minutes

How to Bid on BAANKNET

1. Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
2. Search for Auction ID 361736 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 7903428737.
4. Pay the EMD of ₹17,74,000 through the BAANKNET wallet before 8 October 2026, 5:00 PM.
5. Log in on 9 October 2026 and bid above the reserve in steps of ₹1,00,000; each late bid extends the auction by 10 minutes.

The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance 75% within 15 days, unless the bank states otherwise. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer.

Due Diligence Checklist Before Bidding

• Check whether the plot is freehold or leasehold (MIDC/SIDCO/KIADB etc.) and the transfer charges.
• Inspect machinery, if included, and confirm the inventory.
• Verify pollution, fire and factory licence requirements.
• Check pending electricity, water and statutory dues.
• Read our warehouse and godown buying guide before you bid.

Plastic Park Tinsukia Industrial Shed Auction: FAQs

More Canara Bank and Assam Auctions

• All Canara Bank auction listings
• More industrial shed auctions
• Bank auctions in Assam
• Guide: finance options for commercial auctions

Source: Auction ID 361736 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Canara Bank before bidding.