Property for Auction in Paramathi, Namakkal, Tamil Nadu
Auction ID:499414
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹4,00,00,000
EMD:₹40,00,000
Service Provider:Public Auction
Submission Date:27-05-2025 12:00 PM
Bid Start Date:27-05-2025 01:00 PM
The property consists of approximately 12.34 acres of Punjai land located in Thevanampalayam Village, Paramathi Velur Taluk, Paramathi Sub-Registration District, Namakkal Registration District, Tamil Nadu. The land is divided into several survey numbers: S.No.1 (Survey No. 67/1, 2.97 acres), S.No.2 (Survey No.67/2, 2.99 acres), S.No.3 (Survey No.54/1, 3.00 acres), S.No.4 (Survey No.54/2A, 0.94 acres), S.No.5 (Survey No. 54/2B, 1.81 acres + 1 Wall), S.No.6 (Survey No.55/13, 0.61 acres), and S. No.7 (Survey No. 55/15, 0.02 acres). Detailed boundaries for S.No.54/1, S.No.54/2B, S.No.55/13, and S.No.55/15 are provided, including access via passages. The property is classified under the Residential asset category.
State:Tamil Nadu
City:Namakkal
Area:Paramathi
Asset Category:Residential
This is a SARFAESI Auction for land owned by M/s. Ran India Steels (P) Ltd, conducted by City Union Bank. The property is located in Paramathi, Namakkal, Tamil Nadu. The total extent of the land is 12.34 acres, comprising several survey numbers (S.No.1: Survey No. 67/1, S.No.2: Survey No.67/2, S.No.3: Survey No.54/1, S.No.4: Survey No.54/2A, S.No.5: Survey No. 54/2B, S.No.6: Survey No.55/13, S. No.7: Survey No. 55/15). The auction has a reserve price of INR 40,000,000 and an EMD of INR 4,000,000. The auction will be held on 27-05-2025 from 01:00 PM to 03:00 PM. Application submission deadline is 27-05-2025 12:00 PM. Contact details for inquiries are Telephone No: 04288256356 / Cell No: 9344038628.
Borrower Name:M/s. Ran India Steels (P) Ltd
Auction Type:SARFAESI Auction
Telephone No : 04288256356 / Cell No : 9344038628