Land for auction 2 IDIB1000183404A Periyanaickenpalayam Coimbatore by Indian Bank

The property is an extent of 0.67 acres of land situated in Coimbatore Registration District, Periyanaickenpalayam Sub-Registration District, Coimbatore north taluk, Bilichi village. It is part of S.F. No. 845/1B1, with existing boundaries: East of Lands in S.F.No.854, West of 20 feet North South road and the remaining lands Venkitasamy, North of Lands in S.F.No.855/1, South of Property belonging to M Vijayalakshmi. The property includes a building thereon, a well with a 10 HP motor, and common rights over the east-west road in SF No.845/1, branching off the Coimbatore-Mettupalayam main road. The property is currently comprised in S.F.No.845/181 and within No.5 Billichi Panchayat limits, with Door No.2/1134, Betathapuram, Billichi village & Panchayat. The property is categorized as Residential land.

This is a SARFAESI auction by Indian Bank for a plot of land located in Periyanaickenpalayam, Coimbatore, Tamil Nadu. The property, identified by ID No. IDIB1000183404A, is situated in Bilichi village, S.F. No. 845/1B1. It spans an extent of 0.67 acres and includes a building. The land has boundaries on the East with lands in S.F. No. 854, on the West with a 20 feet North-South road and remaining lands of Venkitasamy, on the North with lands in S.F. No. 855/1, and on the South with property belonging to M Vijayalakshmi. The property also features a well with a 10 HP motor and common rights over an east-west road in S.F. No. 845/1, which branches off the Coimbatore-Mettupalayam main road. The property is currently within the limits of Billichi Panchayat, Door No. 2/1134, Betathapuram, Billichi village. The auction is conducted by BAANKNET with a reserve price of INR 2,57,00,000 and an Earnest Money Deposit (EMD) of INR 25,70,000. The auction will take place on March 17, 2025, from 11:00 AM to 4:00 PM. The application submission deadline is March 16, 2025, by 5:00 PM. The property is in the name of Mrs. V. Dhanalakshmi and the borrower is M/s Sree Dhannvijay Tax Mills.