Land for auction 1 Karaipudur, Palladam, Tiruppur by Karur Vysya Bank

Property for Auction in Palladam, Tiruppur, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Palladam, Tiruppur
Auction Date IconAuction Date:
20-03-2025 04:00 PM

Auction Details

Auction ID:464422

Bank Name:Karur Vysya Bank

Branch Name:Asset Recovery Branch

Reserve Price:1,10,00,000

EMD:11,00,000

Service Provider:matex.net

Important Dates

Submission Date:19-03-2025 11:00 AM

Bid Start Date:20-03-2025 04:00 PM

Property Description

The property is a parcel of land located in Karaipudur village, Palladam Taluk, Palladam panchayat union and Karaipudur village panchayat board, Tiruppur, Tamil Nadu. The total land admeasures 0.30% acres, with documented rights to use a 30 ft. wide South-North common pathway (0.13% acre) and common pathway rights to reach the property. Additionally, the original description mentions lands measuring 0.95 acres (or) 0.385 hectares at Rs.1.63, from which the 0.30% acres are derived, along with common use pathway lands (0.03% acre) and common use well land (0.05% acre) within the same survey field (GS No.212/281).

State:Tamil Nadu

City:Tiruppur

Area:Palladam

Asset Category:Residential

Auction Description

This is a SARFAESI Auction for a Land property in Palladam, Tiruppur, Tamil Nadu, offered by Karur Vysya Bank. The property measures 0.30% acres with rights to use a 30 ft. wide common pathway. The auction has a reserve price of 11,000,000.00 and an EMD of 1,100,000.00. The auction will be conducted on 20-03-2025 between 04:00 PM and 05:00 PM. Application submission deadline is 19-03-2025 at 11:00 AM. The borrower is M/s Aadhith Food Marketing.

Borrower Name:M/s Aadhith Food Marketing

Auction Type:SARFAESI Auction

Contact Details

Contact Number 81109 96655-Authorised Officer

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