Land for auction 2 Itchipatti Villa, Palladam, Coimbatore by BOI

Property for Auction in Palladam Taluk, Coimbatore, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Palladam Taluk, Coimbatore
Auction Date IconAuction Date:
27-03-2025 12:00 PM

Auction Details

Auction ID:471647

Bank Name:Union Bank of India

Branch Name:Asset Recovery Branch

Reserve Price:27,20,000

EMD:2,72,000

Service Provider:BAANKNET

Important Dates

Submission Date:26-03-2025 05:00 PM

Bid Start Date:27-03-2025 12:00 PM

Property Description

The property is a piece of land with a house, measuring 3500 Sq.ft., situated in Itchipatti Village, Palladam Taluk, Coimbatore Registration District, Tamil Nadu. It falls under S.F.No.391/2, within a larger 11.06-acre plot. The land is bounded by a 20-feet wide East-West passage to the north, land belonging to Baladhandapani to the south, a 20-feet wide North-South passage to the east, and remaining land of Duraisamy to the west. The dimensions are 100 feet on the East-West sides and 35 feet on the North-South sides. The property was mortgaged by Mr. M. Rakkiappan and is categorized as Residential property.

State:Tamil Nadu

City:Coimbatore

Area:Palladam Taluk

Asset Category:Residential

Auction Description

Union Bank of India is conducting a SARFAESI auction for a plot of land measuring 3500 Sq.ft. with a house thereon, located in Itchipatti Village, Palladam Taluk, Coimbatore, Tamil Nadu. The property is situated in S.F.No.391/2 and has an extent of 11.06 acres in total. The auction is scheduled for March 27, 2025, from 12:00 PM to 5:00 PM. The reserve price is 2,720,000.00, and the EMD is 272,000.00. For further details, contact Mr. Bimal Sukumar.A, Chief Manager, at 97694 79168.

Borrower Name:M/s. Sumathi Textiles

Auction Type:SARFAESI Auction

Contact Details

Mr. Bimal Sukumar.A, Chief Manager, Mobile No.97694 79168

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