Land for auction 16 Olaipatty villa, Mettur, Salem by BOI

Property for Auction in Mettur, Salem, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Mettur, Salem
Auction Date IconAuction Date:
14-08-2025 12:00 PM

Auction Details

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

Important Dates

Submission Date:13-08-2025 05:00 PM

Bid Start Date:14-08-2025 12:00 PM

Property Description

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

Auction Description

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

Contact Details

Mr. Bimal Sukumar.A Chief Manager Mobile No : 9769479168 Asset Recovery Branch Coimbatore

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