Land for auction 2 The Janakiram Mills, Rajapalayam, Virudhunagar by BOI

The property consists of two parcels of land totaling 144 cents (85 cents for Item 1 and 59 cents for Item 2) located in Rajapalayam, Virudhunagar District, Tamil Nadu. Item 1 is described as land previously used as well and Kamalai Kuli lands, while Item 2 includes a house building. Both items are situated on Rajapalayam Madurai road within Rajapalayam Municipality Limits. The boundaries for Item 1 are: East - Krishna Oil Mills Lands (Pressing Factory), West - M/s. The Janakiram Mills Ltd, South - 2nd item Land (M/s. The Janakiram Mills Ltd) after that Railway Line, North - Madurai-Tenkasi Road. The boundaries for Item 2 are: East - Property belongs to Krishna Oil Mills Lands (Pressing Factory), West - Property belongs to M/s. The Janakiram Mills Ltd, South - Railway Line, North - 1st Item Land (M/s. The Janakiram Mills Ltd) after that, Madurai Tenkasi Road. The property was purchased by the mortgagor under registered sale deeds No. 761 of 1943 and No. 1265 of 1943 of Rajapalayam SRO. The property is owned by M/s. The Janakiram Mills Ltd.

This is a SARFAESI auction by the Bank of India for a land property located in Rajapalayam, Virudhunagar, Tamil Nadu. The total extent of the land is 144 cents, comprising two items: Item 1 is 85 cents and Item 2 is 59 cents, both situated on Rajapalayam Madurai road. The property is bordered by Krishna Oil Mills Lands to the east, M/s. The Janakiram Mills Ltd to the west, a railway line and M/s. The Janakiram Mills Ltd land to the south, and the Madurai-Tenkasi Road to the north. The reserve price is 122,850,000.00, with an EMD of 12,285,000.00. The auction is scheduled for March 15, 2025, from 11:00 AM to 5:00 PM. Applications must be submitted by March 14, 2025, 5:00 PM.