Property for Auction in Thottipalayam, Tiruppur, Tamil Nadu
Auction ID:511400
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹1,65,00,000
EMD:₹16,50,000
Service Provider:Public Auction
Submission Date:24-06-2025 05:00 PM
Bid Start Date:25-06-2025 11:00 AM
Located in Thottipalayam Village, Tiruppur Municipal Corporation, this property comprises a vacant site of 2,727 Sq.ft. with buildings. It is situated with specific boundaries: East to vacant site of Anitha Enterprises, West to a 30 feet breadth North-South Road, North to property purchased by Siddhuraj, and South to Site No.10. The site measures 101 ft. East-West on the northern and southern sides, and 27 ft. North-South on the eastern and western sides. The total area is 253.34 Square metres (2,727 Sq.ft.). The existing structures include a 1,000 Sq.ft. tiled roof building constructed with stones, tin sheet, and Mangalore tiles, and a 735 Sq.ft. cement sheet roof building constructed with brick and ACC cement sheet, complete with doors and windows. The property also benefits from a 50 HP power electric service connection and a drinking water tap connection, along with cart track rights to a 30 feet breadth North-South Road. The property bears Door No. 300/113M, Tax Assessment No. 66139, EB Service No. 208-008-1691, and Drinking Water Tax Assessment No. 131551.
State:Tamil Nadu
City:Tiruppur
Area:Thottipalayam
Asset Category:Residential
This is a SARFAESI auction for a residential property in Thottipalayam, Tiruppur, Tamil Nadu, offered by City Union Bank. The property is a vacant site measuring 2,727 Sq.ft. with existing buildings, including a 1,000 Sq.ft. tiled roof structure and a 735 Sq.ft. cement sheet roof structure. It features a 50 HP power electric connection and drinking water tap connection. The auction has a reserve price of 16,500,000.00 and an EMD of 1,650,000.00. The auction will be conducted on 25-06-2025 from 11:00 AM to 01:00 PM.
Borrower Name:Mr. SK Siddhuraj
Auction Type:SARFAESI Auction
Telephone No.04374-242287. Mobile No.9381920702