Land for auction 15 Thottipalayam Villa, Thottipalayam, Tiruppur by City Union Bank

Property for Auction in Thottipalayam, Tiruppur, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Thottipalayam, Tiruppur
Auction Date IconAuction Date:
25-06-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:24-06-2025 05:00 PM

Bid Start Date:25-06-2025 11:00 AM

Property Description

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

Auction Description

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

Contact Details

Telephone No.04374-242287. Mobile No.9381920702

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