Property for Auction in Vedasandur., Palani, Tamil Nadu
Auction ID:535709
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹23,76,000
EMD:₹2,37,600
Service Provider:BAANKNET
Submission Date:23-07-2025 05:00 PM
Bid Start Date:24-07-2025 10:30 AM
The property consists of two distinct land parcels. Item A: A piece of land measuring 21901 1/2 Sq.ft. situated in Vedasandur Village, Vedasandur Taluk, Palani Registration District. The boundaries are: North: Odai, South: Land purchased by Khasif Mansoor, East: Land purchased by Hussain Ahmed, West: Land purchased by Khasif Mansoor. The extent is East-West on the northern side 126 3/4 ft, East-West on the southern side 121 1/4 ft, South-North on the eastern side 164 1/2 ft, South-North on the western side 188 3/4 ft. Item B: A piece of land measuring 695 sqft, identified as Plot No 2 within the layout 'Na Na Nagar' in Velvarkottai Village, Vadamadurai Taluk, Palani Registration District. This plot comes with a 1/9th right. The boundaries are: North-East-West road with a width of 20 feet, South: Odai, East: Plot No 3, West: Plot No 1. The extent is East-West on the northern side 20ft, East-West on the southern side 20ft, South-North on the eastern side 37ft, South-North on the western side 32 1/2ft. This property includes rights to pathways, including a 20 feet wide East-West and South-North pathway and a 16 feet wide South-North pathway from Velvarkottai-Chettiapatti Road.
State:Tamil Nadu
City:Palani
Area:Vedasandur.
Asset Category:Residential
This is a SARFAESI auction for land and building properties in Palani, Tamil Nadu, conducted by Canara Bank. The auction features two items: Item A is a 2 acre and 35 cents parcel of land in Vedasandur Village, Vedasandur Taluk, with specific boundaries and measurements totaling 21901 1/2 Sq.ft. Item B is a 695 sqft plot of land (Plot No 2) in Velvarkottai Village, Vadamadurai Taluk, with a 1/9th right, also with defined boundaries and access to pathways. The reserve price is 23,76,000.00 and the EMD is 2,37,600.00. The auction is managed by BAANKNET and the borrower is M/s Royale Creations. The auction will take place on July 24, 2025, from 10:30 AM to 11:30 AM, with application submission by July 23, 2025, 05:00 PM. For inquiries, contact 04428496339 / 28496900.
Borrower Name:M/s Royale Creations
Auction Type:SARFAESI Auction
Phone no : 04428496339 / 28496900