Land for auction 1 Pazhantheru Lane, Nagapattinam, Nagapattinam by City Union Bank

City Union Bank is auctioning a piece of land in Nagapattinam, Nagapattinam, Tamil Nadu. The property is described as a vacant site with a superstructure, measuring 17,503 square feet (1.626 sq. mtr.). It is located in Ward No. 1, Block No. 21, T.S.No. 2039. The boundaries are: West - Indian Bank building (T.S.No. 2038 and 2074), East - Padma Hotel Building (T.S No.2044, 2053, 2054, 2055 and 2056), South - Pazhantheru Lane, and North - Nethaji Road. A portion of the site (130 sq.mir.) has been acquired for a highway scheme.

This is a SARFAESI Auction for a vacant land with superstructure located in Nagapattinam, Tamil Nadu. The property is offered by City Union Bank, with a reserve price of 6,50,00,000.00 and an EMD of 65,00,000.00. The auction will take place on 14-03-2025 from 11:00 AM to 01:00 PM. The property measures 17,503 sq ft and is situated in Ward No. 1, Block No. 21, T.S.No. 2039. It is bounded by Indian Bank building on the west, Padma Hotel Building on the east, Pazhantheru Lane on the south, and Nethaji Road on the north. An extent of 130 sq.mir. has been acquired by the office of the land acquisition, Highways scheme, Government. The borrower is M/s. Nagapattinam Siva Sakthi Chit Funds P. Ltd.