Property for Auction in Vaniyambadi Taluk, Vellore, Tamil Nadu
Auction ID:539435
Bank Name:Indian Bank
Branch Name:Stressed Assets Management Branch
Reserve Price:₹4,18,00,000
EMD:₹41,80,000
Service Provider:BAANKNET
Submission Date:04-08-2025 05:00 PM
Bid Start Date:05-08-2025 11:00 AM
The property consists of a factory land and building located in Konamedu Industrial Estate, Valayambut, Vaniyambadi Taluk, Vellore District, Tamil Nadu. The total land area is 2.92 Acres (1,27,195 Sq. ft.). Additionally, there are two parcels of vacant land: one measuring 116.46 Cents and another measuring 0.06 Cents (2738 Sq. ft.), situated within Vaniyambadi Municipality Town. The property is mortgaged by Mr. S. Galeel Rahman and associated with M/s. Nafisa Overseas. Encumbrances on the property are listed as Nil.
State:Tamil Nadu
City:Vellore
Area:Vaniyambadi Taluk
Asset Category:Residential
Indian Bank is conducting a SARFAESI auction for mortgaged assets in Vaniyambadi Taluk, Vellore, Tamil Nadu. The auction includes factory land and building admeasuring 1,27,195 Sq. ft. on 2.92 Acres, along with vacant land parcels measuring 116.46 Cents and 0.06 Cents (2738 Sq. ft.). The property is situated at Konamedu Industrial Estate, Valayambut, Vaniyambadi village, with a reserve price of INR 4,18,00,000.00 and EMD of INR 41,80,000.00. The auction is managed by BAANKNET. The property is listed under PROPERTY ID: IDIB6295508025.
Borrower Name:M/s. Nafisa Overseas
Auction Type:SARFAESI Auction
Contact Telephone: 044-2821 6711 email: armbä[email protected]