Land for auction 2 Kaapilipalayam Villa, Pollachi, Coimbatore by Karnataka Bank

The auction property consists of multiple land parcels totaling 4.8275 acres in Kaapilipalayam Village, Pollachi Taluk, Coimbatore District, Tamil Nadu. Item No. 2.1 is 0.63 acres of vacant land with a horse shed, situated in S.F.No. 124/19. Item No. 2.2 is 0.60½ acres of vacant land with a horse shed, situated in S.F.No. 123/7. Item No. 2.3 is a combined extent of 0.64 1/4 acres (0.18½ acre in S.F.No. 124/17 and 0.45 3/4 acre in S.F.No. 125/3) with a horse shed building. Item No. 2.4 is 0.50½ acres with a horse shed building in S.F.No. 124/15. Item No. 2.5 totals 1.40 acres (0.40 acres in S.F.No. 126/1 and 1.00 acre in S.F.No. 127/A) with a horse shed building. Item No. 2.6 is 0.96 acres with a horse shed building in S.F.No. 126/1. Item No. 2.7 is 0.08½ acres of well land in S.F.No. 124/16. All parcels include rights to usage of common cart tracks and pathways. The property is offered through a SARFAESI auction by Karnataka Bank with constructive possession as of 25.09.2024.

This SARFAESI auction by Karnataka Bank features prime land in Pollachi, Coimbatore, Tamil Nadu. The total extent of the property is 4.8275 acres, comprising several parcels detailed by their specific Survey Numbers (S.F.No.) and Patta Numbers within Kaapilipalayam Village. Most parcels include a Horse shed building. The land is characterized by its vacant status, with some parcels designated as well land. Access is provided through common cart tracks and pathways. The property is located with Latitude: 10.707732 N and Longitude: 76.995351 E. The auction is scheduled for March 18, 2025, with a reserve price of 6,00,00,000.00 and an Earnest Money Deposit (EMD) of 60,00,000.00. The borrower is M/s. Expovan.