Land for auction 1 Samalapuram Villa, Palladam, Coimbatore by City Union Bank

Property for Auction in Palladam Taluk, Coimbatore, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Palladam Taluk, Coimbatore
Auction Date IconAuction Date:
26-06-2025 01:00 PM

Auction Details

Auction ID:520168

Bank Name:City Union Bank

Branch Name:Credit Recovery and Management Department

Reserve Price:1,50,00,000

EMD:15,00,000

Service Provider:Public Auction

Important Dates

Submission Date:25-06-2025 12:00 PM

Bid Start Date:26-06-2025 01:00 PM

Property Description

The property consists of agricultural land (Punchai) located in Samalapuram Village, Palladam Taluk, Coimbatore Registration District, Sulur Sub-Registration District, Tamil Nadu. The total land area comprises approximately 4.00 acres in Schedule-C and additional extents in Schedule-D, including specific portions and common shares in wells. The lands are identified by Survey Field Numbers (S.F.No.) such as 259/1, 269/2, 269/3, 269/4, 269/5, and 275/3. Boundaries for each parcel are precisely defined with adjacent land owners or features. All parcels are situated within the Samalapuram Town Panchayath limits. The property is categorized as Residential Asset Category and is of Property Type Land.

State:Tamil Nadu

City:Coimbatore

Area:Palladam Taluk

Asset Category:Residential

Auction Description

This is a SARFAESI auction for land properties in Palladam Taluk, Coimbatore, owned by Mis. Bhuvaneshwari Textiles and represented by legal heirs of Mr. Karuppusamy .P & Late Kandasamy.Sons of Palanisamy. The auction is conducted by City Union Bank. The properties consist of multiple parcels of Punchai land across several Survey Field numbers (S.F.No.) including S.F.No.259/1, S.F.No.269/2, S.F.No.269/3, S.F.No.269/4, S.F.No.269/5, and S.F.No.275/3. Specific extents and boundaries are detailed for each parcel, including common shares in wells and rights over Vaikkal and Carttrack. All lands are situated within Samalapuram Town Panchayath Limits. The reserve price is 15,000,000.00 and the EMD is 1,500,000.00. The auction will take place on June 26, 2025, from 1:00 PM to 5:00 PM. Application submission deadline is June 25, 2025, by 12:00 PM. Contact details for inquiries are 0421-2332993 and 9344208685.

Borrower Name:Mis. Bhuvaneshwari Textiles

Auction Type:SARFAESI Auction

Contact Details

Contact No.0421-2332993, Cell No. 9344208685

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