Land for auction 1 Ponnapuram Villa, Pollachi, Coimbatore by Cholamandalam Investment

The property consists of three land parcels located in R. Ponnapuram village, Pollachi Taluk, Coimbatore District, Tamil Nadu. Item 1 is 0.35 acres of punjai land (new S.F. No. 42/182) with rights to common usage of roads and pathways. Item 2 comprises 0.84 acres of punjai land (S.F. No. 42/4A) and 0.91 acres of punjai land (part of S.F. No. 42/3A), totaling 1.75 acres, with rights to common usage of roads and pathways. Item 3 is 1.77 acres of punjai land (part of S.F. No. 42/3A), totaling 3.87 acres with a building that has doors, windows, water and electricity connections, and includes both deposits. All items grant rights to common road usage and pathways. The land is situated within specific boundaries as detailed in the auction notice. The property type is classified as Land and the asset category is Residential.

This is a SARFAESI Auction conducted by Cholamandalam Investment And Finance Company Limited for land properties in Pollachi, Coimbatore, Tamil Nadu. The auction includes three items of land totaling 3.87 acres, with associated rights to common usage of roads and pathways. Item 1 is 0.35 acres in S.F. No. 42/182. Item 2 is 1.75 acres comprising portions of S.F. No. 42/4A and S.F. No. 42/3A. Item 3 is 1.77 acres of S.F. No. 42/3A, which also includes a building with essential utilities. The reserve price is ₹307,500,000 and the EMD is ₹30,750,000. The borrower is M/s. Expovan. The auction is scheduled for March 12, 2025, from 11:00 AM to 12:00 PM.