Land for auction 1 Periyasamy Gnanadurai Vagaira, Sankari, Salem by South Indian Bank

Property for Auction in Sankari Taluk, Salem, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Sankari Taluk, Salem
Auction Date IconAuction Date:
26-02-2025 10:30 AM

Auction Details

Auction ID:445606

Bank Name:South Indian Bank

Branch Name:Regional Office : Madurai

Reserve Price:3,56,42,700

EMD:35,64,270

Service Provider:bankauctions.in

Important Dates

Submission Date:25-02-2025 05:00 PM

Bid Start Date:26-02-2025 10:30 AM

Property Description

The property consists of two items of land with residential buildings in Sankari Taluk, Salem district, Tamil Nadu. Item No. 1 is 4011.25 sqft of land in Sy.No.155/3 and Re.Sy.No.155/3B1 with a residential building of approximately 6387 sqft. This item is further divided into two parcels: (a) 2044 sqft of land with boundaries North: Land of Mathaali, East: Land of Periyasamy Gnanadurai Vagaira, South: 20 feet road, West: Land of Gnanadurai. (b) 1967.25 sqft of land with boundaries North: Land of Athayee and Others, East: Sold out Remaining land, South: East West 20 feet road, West: Land of Prabakar. Item No. 2 is 3705 sqft of land in Sy No.152/2 and Re- survey No.152/7 with a residential building of approximately 11223 sqft, with boundaries North: Land of Angamuthu and Others, East: Athayee House, South: East West 12 feet road, West: North-South Common Itteri. Both items are to be sold together as a single lot.

State:Tamil Nadu

City:Salem

Area:Sankari Taluk

Asset Category:Residential

Auction Description

This is a SARFAESI Auction for a residential property located in Sankari Taluk, Salem, Tamil Nadu, conducted by South Indian Bank. The auction features land with residential buildings. The total land area comprises 4011.25 sqft (Item No. 1) and 3705 sqft (Item No. 2). Item No. 1 includes two parcels of land, one measuring 2044 sqft and the other 1967.25 sqft, with a residential building of approximately 6387 sqft. Item No. 2 consists of 3705 sqft of land with a residential building of approximately 11223 sqft. Both items are to be sold in a single lot. The reserve price is 3,56,42,700.00 and the EMD is 35,64,270.00. The auction will take place on 26-02-2025 from 10:30 AM to 11:30 AM. The application submission deadline is 25-02-2025 at 5:00 PM. Contact details for the Authorized Officer are 0452-2300205 / 8825530693.

Borrower Name:Mr.Karuppiah RM

Auction Type:SARFAESI Auction

Contact Details

Authorised Officer (Phone No: 0452-2300205 / 8825530693)

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