Property for Auction in Avinashi, Tiruppur, Tamil Nadu
Auction ID:440141
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹1,85,90,000
EMD:₹18,59,000
Service Provider:BAANKNET
Submission Date:20-02-2025 11:00 AM
Bid Start Date:20-02-2025 11:30 AM
The property consists of 1.28 acres of Punjai land situated in Pazhankarai Village, Avinashi Taluk, Tiruppur Registration District. Specifically, it includes 0.74 acres in SF No: 496/1 and 0.44 acres in SF No: 497/2. The land is bounded by SF No. 524 to the north, SF No. 496/2 and SF No. 497/3 to the south, SF No. 496/3 to the east, and SF No. 497/1 and SF No: 497/2 to the west. The property also features a building, a 5 HP electric motor pump set (EB SC No: 182), and common pathway access. The assessment for a portion of the land is Rs.0.29.
State:Tamil Nadu
City:Tiruppur
Area:Avinashi
Asset Category:Residential
This is a SARFAESI auction for a land property located in Avinashi, Tiruppur, Tamil Nadu, offered by Canara Bank. The auction is for SF No: 496/1 (0.74 acres) and SF No: 497/2 (0.44 acres), totaling 1.28 acres of Punjai land. The property includes a building, a 5 HP electric motor pump set, and access via a mamool pathway. The borrower is M/s ASPS Textile. The auction will be conducted on 20-02-2025 from 11:30 AM to 12:30 PM. The reserve price is 18,590,000.00 and the EMD is 1,859,000.00. The Asset Recovery Management Branch in Coimbatore is handling the auction.
Borrower Name:M/s ASPS Textile
Auction Type:SARFAESI Auction
Contact No : 0422-2555655, 9489043584