Property for Auction in Valapadi, Salem, Tamil Nadu
Auction ID:530984
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹58,15,000
EMD:₹5,81,500
Service Provider:BAANKNET
Submission Date:15-07-2025 03:00 PM
Bid Start Date:15-07-2025 11:00 AM
The property is a residential land parcel located in Valapadi, Salem District, Tamil Nadu. It is identified as Survey No. 272/23 in Mettupatty Village, Ayothiyapattanam Sub Registration District. The boundaries are East of Item No.2 property, West of Raja Veethi, North of Raja Veethi, and South of Pandiarajan's property. The dimensions are 24 feet (East-West) on the northern and southern sides, and 47 feet (North-South) on the eastern and western sides, totaling 1128 sq.feet. The property includes a building with Door No. 1/181 & 182 and Property Tax Assessment Nos. 201 & 202. It also comes with rights to use roads for access and all appurtenances and easement rights as per the Gift Settlement Deed dated 15.11.2019.
State:Tamil Nadu
City:Salem
Area:Valapadi
Asset Category:Residential
This is a SARFAESI auction for a piece of land located in Valapadi, Salem, Tamil Nadu, held by Punjab National Bank. The property is identified by Survey No. 272/23 (UDR Natham Survey No. 4/1) in Mettupatty Village. The land measures 1128 sq.feet and includes a building with Door No. 1/181 & 182. The auction will take place on July 15, 2025, from 11:00 AM to 4:00 PM. The reserve price is ₹58,15,000 and the EMD is ₹5,81,500. The borrower is M/s. Yazh Industries. For inquiries, contact 0422-2231314 or 0422-2231345.
Borrower Name:M/s. Yazh Industries
Auction Type:SARFAESI Auction
Ph No : 0422-2231314, 0422-2231345