Property for Auction in Devakottai (KARAIKUDI), Karaikudi, Tamil Nadu
Auction ID:461659
Bank Name:Tamilnad Mercantile Bank Limited
Branch Name:Thoothukudi
Reserve Price:₹34,15,000
EMD:₹3,41,500
Service Provider:Public Auction
Submission Date:03-04-2025 05:00 PM
Bid Start Date:04-04-2025 12:30 PM
The property consists of two land parcels totaling 1435.50 sq.ft with a residential building. Schedule I, 693 sq.ft, is located at Chidambaranathapuram West Street, Devakottai Nagar, Udhayachi Group, Devakottai Sub Registration District, Karaikudi Registration District. It is bounded by KR.Rengammal's house to the north, Anthony's house and garden properties to the south, K. Arumugam's house and Subramanian's vacant land to the west, and R.M. Srinivasan Achari's house site to the east. Schedule II, 742.50 sq.ft, is at Chidambaranathapuram Street, Devakottai Municipal Town limit, Udhayachi Group, Devakottai Sub Registration District, Karaikudi Registration District. It is bounded by S. Gnavalli's house to the north, Vellakannu's house site to the south, Chidambaranathapuram West street's North South Road to the west, and R.M. Srinivasan Achari's compound to the east. The property stands in the name of Mr. S. Raju S/o Mr. Srinivasan.
State:Tamil Nadu
City:Karaikudi
Area:Devakottai (KARAIKUDI)
Asset Category:Residential
This is a SARFAESI auction conducted by Tamilnad Mercantile Bank Limited for a residential land property in Devakottai (Karaikudi), Karaikudi, Tamil Nadu. The property, measuring a total of 1435.50 sq.ft across two schedules, includes a residential building. Schedule I is 693 sq.ft and Schedule II is 742.50 sq.ft. The auction has a reserve price of 3415000.00 and an EMD of 341500.00. The auction will take place on April 4, 2025, from 12:30 PM to 01:30 PM. The property is currently in the name of Mr. S. Raju S/o Mr. Srinivasan.
Borrower Name:M/s.Raju Jewellers
Auction Type:SARFAESI Auction
Devakottai Branch Mobile Number: 95243 30888 / 98421 45637