Property for Auction in Rajapalayam, Virudhunagar, Tamil Nadu
Auction ID:439844
Bank Name:Punjab National Bank
Branch Name:Circle Sastra Centre
Reserve Price:₹4,89,40,000
EMD:₹48,94,000
Service Provider:BAANKNET
Submission Date:19-03-2025 03:00 PM
Bid Start Date:19-03-2025 11:00 AM
The properties are agricultural lands located in Kotthankulam Village, Rajapalayam Taluk, Virudhunagar District, Tamil Nadu. Property I consists of multiple survey numbers (S.No. 524/2, 524/28, 169/1C, 169/101, 169/18, 144/28, 144/285) totaling approximately 6 acres and 3 cents. This includes a share in a well with a 3 HP electric motor. Property II, in survey number 169/1A2B, measures approximately 2 acres 62 cents (10600 Sq.meter). Both properties are described with specific boundaries, including adjacent lands and pathways, and encompass all easement rights and any existing constructions.
State:Tamil Nadu
City:Virudhunagar
Area:Rajapalayam
Asset Category:Residential
This is a SARFAESI auction conducted by Punjab National Bank for land properties in Rajapalayam, Virudhunagar District, Tamil Nadu. The auction includes multiple parcels of land in Kotthankulam Village. Property I, belonging to Shri Saravanan Palaniappan, comprises several plots totaling approximately 6 acres 3 cents. It includes a 1/3 share in a well and a 3 HP electric motor. Property II, belonging to Smt. V. Preetha, is located in the same village and measures approximately 2 acres 62 cents (10600 Sq.meter). Both properties are described with detailed boundaries and include any existing constructions and easement rights. The reserve price is 4,89,40,000.00 and the EMD is 48,94,000.00. The auction will be held on March 19, 2025.
Borrower Name:M/s. SPICE TRADERS
Auction Type:SARFAESI Auction
Contact no:0122-2231314,0422-2231345