Property for Auction in Palladam, Tiruppur, Tamil Nadu
Auction ID:534894
Bank Name:Union Bank of India
Branch Name:ASSET RECOVERY BRANCH, COIMBATORE
Reserve Price:₹22,05,000
EMD:₹2,20,500
Service Provider:BAANKNET
Submission Date:29-07-2025 05:00 PM
Bid Start Date:30-07-2025 12:00 PM
The property is a piece of land measuring 3500 Sq.ft. with a house, situated in S.F.No.391/2, Itchipatti Village, Sulur Sub-Registration District, Palladam Taluk, Tiruppur, Tamil Nadu. It has access to a 20 feet wide East-West road. The property is bounded by land belonging to Baladhandapani to the south and remaining land belonging to Duraisamy to the west.
State:Tamil Nadu
City:Tiruppur
Area:Palladam
Asset Category:Residential
Union Bank of India is conducting a SARFAESI auction for a residential land property in Palladam, Tiruppur, Tamil Nadu. The property is located in S.F.No.391/2, Itchipatti Village, Sulur Sub-Registration District, Palladam Taluk. The land measures 3500 Sq.ft. with a house thereon, with access via a 20 feet wide East-West road and bounded by land belonging to Baladhandapani and Duraisamy. The reserve price is INR 2,205,000.00 and the EMD is INR 220,500.00. The auction will be held on July 30, 2025, from 12:00 PM to 05:00 PM. The property was mortgaged by Mr. M. Rakkiappan, and the borrower is M/s. Sumathi Textiles. For inquiries, contact Mr. Bimal Sukumar.A, Chief Manager at 9769479168.
Borrower Name:M/s. Sumathi Textiles
Auction Type:SARFAESI Auction
Mr. Bimal Sukumar.A Chief Manager Mobile No : 9769479168 Asset Recovery Branch Coimbatore