Land for auction 1.25 Acres Tenkashi Rd Kothankulam Virudhunagar by Punjab & Sind Bank

This is a unique opportunity to acquire a prime piece of land in Rajapalayam, Virudhunagar, Tamil Nadu. Classified under the residential asset category, this land parcel offers significant potential for development. The property is being auctioned by Punjab & Sind Bank under the SARFAESI Act. Its strategic location in Rajapalayam, a well-connected area within Virudhunagar district, makes it an attractive investment for both residential and commercial purposes. The surrounding infrastructure and growing locality add to its inherent value, presenting a compelling proposition for discerning buyers.

Punjab & Sind Bank presents a SARFAESI auction for a valuable land property in Rajapalayam, Virudhunagar, Tamil Nadu. The auction is scheduled for 31-10-2025, with bidding open from 11:00 AM to 04:00 PM on the same day. The reserve price for this land is ₹16,12,00,000, and the Earnest Money Deposit (EMD) required is ₹1,61,20,000. This auction is a direct opportunity to acquire a significant asset from the borrower, M/s. Sundar Tyres & Wheels Pvt. Ltd. Interested parties are advised to review all auction terms and conditions carefully prior to bidding.