Property for Auction in Erode, Erode, Tamil Nadu
Auction ID:536336
Bank Name:Karur Vysya Bank
Branch Name:Asset Recovery Branch
Reserve Price:₹49,00,000
EMD:₹4,90,000
Service Provider:bankauctions.in
Submission Date:21-07-2025 05:00 PM
Bid Start Date:22-07-2025 03:00 PM
The property is a vacant site with a building, measuring 787.50 square feet, located in Erode, Tamil Nadu. It is situated within the Erode Municipal limit, at Poosari Gounder Kadu street. The property has specific boundaries: East: Saraswathi property (Door No. 11, 12), North: 40 feet breath East-West Road, West: South “B” Schedule property belongs to Rathinammal, South: East West Lane. The dimensions are: East – West on the North 12 ½ Feet, East – West on the South 12 ½ Feet, North – South on the East 63 Feet, and North – South on the West 63 Feet. The property also includes rights of access to surrounding roads, a mamool pathway, and easement rights. It falls under ward No. 42, old No. 13, 14, New Door No. 7 Poosari Gounder Kadu, now called as Poosari street, within the Erode City Municipal corporation limits.
State:Tamil Nadu
City:Erode
Area:Erode
Asset Category:Residential
This is a SARFAESI auction for a vacant site with a building, located in Erode, Tamil Nadu, brought to you by Karur Vysya Bank. The property is situated within the Erode Municipal limit, specifically at Poosari Gounder Kadu street (New Door No. 4/A, New T.S. No. 106 part). It has an extent of 787.50 Sq.ft. The property boundaries are: East: Saraswathi property (Door No. 11, 12), North: 40 feet breath East-West Road, West: South “B” Schedule property belongs to Rathinammal, South: East West Lane. The property measures East – West on the North 12 ½ Feet, East – West on the South 12 ½ Feet, North – South on the East 63 Feet, and North – South on the West 63 Feet. It includes a right of access to all roads around the site, mamool pathway, and easement right sagitham. The property is located in ward No. 42, old No. 13, 14, New Door No. 7 Poosari Gounder Kadu, now called as Poosari street, within the limits of Erode City Municipal corporation. The reserve price is INR 49,00,000 and the EMD is INR 4,90,000. The auction will be conducted on 22-07-2025 from 03:00 PM to 04:00 PM.
Borrower Name:M/s. GOWTHAM AND CO
Auction Type:SARFAESI Auction
Contact Chief Manager – 95855-95881. Recovery officer: 90039-77444 Branch Manager: 84899 09978