Property for Auction in Paramathi, Namakkal, Tamil Nadu
Auction ID:439756
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹4,20,00,000
EMD:₹42,00,000
Service Provider:Public Auction
Submission Date:22-02-2025 05:00 PM
Bid Start Date:24-02-2025 10:00 AM
The property is a parcel of Punjai land totaling 12.34 acres in Thevanampalayam Village, Paramathi Velur Taluk, Paramathi Sub-Registration District, Namakkal Registration District, Tamil Nadu. It is divided into multiple survey numbers: S.No. 67/1 (1.20.5 Hector, 2.97 Acres), S.No. 67/2 (1.21.0 Hector, 2.99 Acres), S.No. 54/1 (1.26.5 Hector, 3.00 Acres), S.No. 54/2 (0.38.0 Hector, 0.94 Acres), S.No. 54/28 (0.75.5 Hector, 1.81 Acres), S.No. 55/13 (0.29.0 Hector, 0.61 Acres), and S.No. 55/15 (0.29.5 Hector, 0.02 Acres). Detailed boundaries are provided for each survey number, indicating adjacent properties and passages. The land has appurtenances, accessories, and all passage and easementary rights attached. The asset category is Residential, and the property type is Land.
State:Tamil Nadu
City:Namakkal
Area:Paramathi
Asset Category:Residential
This is a SARFAESI auction conducted by City Union Bank for land located in Paramathi, Namakkal, Tamil Nadu. The property is owned by M/s. Ran India Iron And Steel LLP and consists of a total extent of 12.34 acres across several survey numbers (67/1, 67/2, 54/1, 54/2, 54/28, 55/13, 55/15). The reserve price is 4,20,00,000.00 and the EMD is 42,00,000.00. The auction will be held on 24-02-2025 from 10:00 AM to 05:00 PM. Applications for participation must be submitted by 22-02-2025 05:00 PM. Contact for inquiries: Telephone No. 04288-256356, Cell No. 9344038628.
Borrower Name:M/s. Ran India Steels (P) Ltd
Auction Type:SARFAESI Auction
Telephone No.04288-256356, Cell No. 9344038628