Property for Auction in uthukkuli, Erode, Tamil Nadu
Auction ID:439204
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹2,21,60,000
EMD:₹22,16,000
Service Provider:BAANKNET
Submission Date:11-03-2025 11:00 AM
Bid Start Date:11-03-2025 11:30 AM
The property is a parcel of land measuring 0.95 acres (0.38.5 Hectare) in Punjai Uthukuli Village, Uthukuli Taluk, Tiruppur Registration District. It is part of Re-Survey No.241/4 (Old S.F.No.207A). The boundaries are defined as: West by 0.05-acre land belonging to Karuppannan and a North-South pathway; North by R.S.No.240 and an East-West Chenniamalai Road; South by 1.12 acres of land in S.F.No.241/1 purchased by Periasamy Gounder; and East by agricultural land belonging to Saraswathi in S.F.No.241/3. The property includes the Chandrakala Rice Mill building located in the southern portion and all associated common pathway rights and appurtenances, including any present or future improvements.
State:Tamil Nadu
City:Erode
Area:uthukkuli
Asset Category:Residential
This is a SARFAESI auction for land located in Uthukuli, Erode, Tamil Nadu. The property is approximately 0.95 acres and includes the Chandrakala Rice Mill building. The land is situated within specific boundaries as detailed in the description and is part of Re-Survey No.241/4, now subdivided as Re-Survey No.241/401 (Patta No.577). The auction is being conducted by Canara Bank, with a reserve price of 22,160,000.00 and an EMD of 2,216,000.00. The auction will take place on March 11, 2025, from 11:30 AM to 12:30 PM.
Borrower Name:M/s. Ricco Industry
Auction Type:SARFAESI Auction
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