Auction - (Teak wood pieces)
AUCTION NOTICE
Balaramapuram Grama Panchayat announces the public auction of the following cut and stored trees located in the Thoppu Ward. The auction will be held on 23/09/2026 at 11:00 AM at the Grama Panchayat Conference Hall. Participants are required to deposit an Earnest Money Deposit (EMD) of ₹500.
Details of Timber Included in the Auction
- Teak: 10.10 meters length, 80 cm girth
- Teak: 90 cm length, 51 cm girth
Auction Terms and Conditions
- Individuals involved in legal disputes with the Panchayat or those with outstanding dues will not be allowed to participate.
- The Panchayat's decision regarding all auction procedures will be final.
- All legal terms and conditions applicable to public auctions shall apply to this auction as well.
- If any auction condition is violated, the bidder will be solely responsible for any resulting losses or damages.
- If the scheduled auction date falls on a holiday, the auction will be conducted on the next working day.
- The auction will be provisionally confirmed in favor of the highest bidder, and the full bid amount must be remitted on the same day.
- Once the auction is approved, the successful bidder must remove the timber at their own cost and responsibility within 7 days.
- Statutory taxes will be applicable (18% GST + 5% Forest Development Tax = 23% Total Tax).
