Property for Auction in Mettur, Salem, Tamil Nadu
Auction ID:534906
Bank Name:Union Bank of India
Branch Name:ASSET RECOVERY BRANCH, COIMBATORE
Reserve Price:₹4,53,900
EMD:₹45,390
Service Provider:BAANKNET
Submission Date:13-08-2025 05:00 PM
Bid Start Date:14-08-2025 12:00 PM
The property is a parcel of land located in Olaipatty village, Mettur Taluk, Salem District, Tamil Nadu. It is described as Punja land measuring 0.71.5 Hec (Asst. 3.96) in S.No. 81/2A, with a sale of 1.77 cents (Patta No. 185) as part of the property. The specific portion being auctioned measures 0.35 acres (or 0.14.0 acres). The boundaries are defined as South of Perumal land, North of Sankar purchased land, West of Deepa sold land, and East of Kandayee land. The property is situated within the Olaipatty village panchayat and Macheri panchayat union limits. It includes all associated easement rights and pathway rights as per the sale deed and prior deeds. The current owner's name is Mr. Senthil Raj.
State:Tamil Nadu
City:Salem
Area:Mettur
Asset Category:Residential
This is a SARFAESI auction for a piece of land located in Olaipatty village, Mettur Taluk, Salem District, Tamil Nadu. The property, measuring 0.35 acres (or 0.14.0 acres), is mortgaged to Union Bank of India. The auction will be conducted by BAANKNET. The land is situated within the Olaipatty village panchayat and Macheri panchayat union limits, with specified boundaries and includes all easement and pathway rights. The property is registered under Patta No. 185 and is in the name of Mr. Senthil Raj. The reserve price is INR 453,900.00 and the EMD is INR 45,390.00. The auction is scheduled for August 14, 2025, from 12:00 PM to 5:00 PM. The application submission deadline is August 13, 2025, by 5:00 PM. For inquiries, contact Mr. Bimal Sukumar.A, Chief Manager at the Asset Recovery Branch, Coimbatore.
Borrower Name:Mr.K.Perumal
Auction Type:SARFAESI Auction
Mr. Bimal Sukumar.A Chief Manager Mobile No : 9769479168 Asset Recovery Branch Coimbatore