Land for auction 1 Semmipalayam Villa, Palladam, Tiruppur by BOI

Property for Auction in Palladam, Tiruppur, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Palladam, Tiruppur
Auction Date IconAuction Date:
25-03-2025 11:00 AM

Auction Details

Auction ID:471496

Bank Name:Bank of India

Branch Name:RECOVERY DEPARTMENT: COIMBATORE ZONAL OFFICE

Reserve Price:75,65,000

EMD:7,56,500

Service Provider:BAANKNET

Important Dates

Submission Date:24-03-2025 05:00 PM

Bid Start Date:25-03-2025 11:00 AM

Property Description

The property consists of vacant land in Palladam, Tiruppur, Tamil Nadu. The total extent is 2.35 acres, and the auctioned portion measures 22.24 cents (9688 sq ft or 900.04 sq m). It is identified as S.F.No. 156/1 in Semmipalayam Village. Boundaries are provided as West: Land belonging to P.Sivakumar, Land belonging to Balasubramaniam and others; East: Land belonging to Pappammal; North: 20 ft wide east-west common pathway, Land belonging to Balasubramaniam and others; South: Land in S.F.No. 158. The property includes rights to a cart track and other customary rights. The measurements are East-West on North: 103 ft, East-West on South: 40 ft, North-South on West: 109.5 ft, North-South on East: 82 ft and 20 ft, North-South on West: 50 ft.

State:Tamil Nadu

City:Tiruppur

Area:Palladam

Asset Category:Residential

Auction Description

This is a SARFAESI Auction for vacant land located in Palladam, Tiruppur, Tamil Nadu. The property, owned by Mr. P.V. Ragul Balaje, measures 2.35 acres in total, with the specific auctioned portion being 22.24 cents (9688 sq ft or 900.04 sq m). The land is situated in Semmipalayam Village, S.F.No. 156/1, within the Tirupur Registration District and Palladam Sub-Registration District. The auction is conducted by the Bank of India with a reserve price of 75,65,000.00 and an EMD of 7,56,500.00. The auction will take place on March 25, 2025, from 11:00 AM to 5:00 PM.

Borrower Name:Mr.P.V.Ragul Balaje

Auction Type:SARFAESI Auction

Contact Details

Contact no:(0422) 2397221, 2383074

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