Property for Auction in Palladam, Tiruppur, Tamil Nadu
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
Submission Date:24-03-2025 05:00 PM
Bid Start Date:25-03-2025 11:00 AM
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
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 no:(0422) 2397221, 2383074