Property for Auction in Pollachi, Coimbatore, Tamil Nadu
Auction ID:471652
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹43,50,000
EMD:₹4,35,000
Service Provider:BAANKNET
Submission Date:10-04-2025 05:00 PM
Bid Start Date:11-04-2025 12:00 PM
The property consists of two residential plots with houses in Pollachi, Coimbatore, Tamil Nadu. Item 1 is Site No. 4, measuring 2087.5 Sq.ft. in Marchanaickenpalayam Village, S.F.No.441/18, within the "Mariammal Nagar" layout. It has specified boundaries and includes an RCC building with fixtures. Item 2 is Site No. 5, measuring 2100 Sq.ft. in the same village and layout, also with specified boundaries and land. Both properties are within the Marchanaickenpalayam Village limits.
State:Tamil Nadu
City:Coimbatore
Area:Pollachi
Asset Category:Residential
This is a SARFAESI auction conducted by Union Bank of India for two residential house properties located in Pollachi, Coimbatore, Tamil Nadu. The auction is for Site No. 4 and Site No. 5 within the "Mariammal Nagar" layout in Marchanaickenpalayam Village. Site No. 4 has an extent of 2087.5 Sq.ft. and Site No. 5 has an extent of 2100 Sq.ft., both with associated land and RCC buildings. The reserve price for the auction is INR 4,350,000.00, with an EMD of INR 435,000.00. The auction is managed by BAANKNET and the contact person is Mr. Bimal Sukumar.A, Chief Manager, at 97694 79168.
Borrower Name:Mr. Thangavel.S
Auction Type:SARFAESI Auction
Mr. Bimal Sukumar.A, Chief Manager, Mobile No.97694 79168