Property for Auction in Udumalpet, Coimbatore, Tamil Nadu
Auction ID:541971
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹3,47,00,000
EMD:₹34,70,000
Service Provider:BAANKNET
Submission Date:31-07-2025 11:00 AM
Bid Start Date:31-07-2025 11:30 AM
The property consists of approximately 10.9975 acres of land located in Andiyagoundanur-2 Village, Udumalpet Taluk, Tirupur Registration District. Specific details for each serial number are as follows: Sl.No (i): 1.50 Acres in S.F.No.679/3 (679/3A) with boundaries: North, South and East of other land of Venkatasamy, West of S.F.No.681. Sl.No (ii): 7.00 acres in S.F.No.681 (681/2) with boundaries: South of Lands of Gurusamy, West of Lands in S.F.No.683, East of Lands in S.F.No.679/3, North of Lands in S.F.No.682. Additionally, 1.11 Punja Acres in S.F.No.681 (681/2) with boundaries: South of Lands of Venkitasamy and lands in S.F.No.648, East of Lands in S.F.No.679/3B, West of Lands of Venkitasamy, North of Lands of Amaravathy Dyeings Pvt Ltd. Sl.No (iii): 0.61% Punja Acres in S.F.No.679/38 (sub-division 679/382) with boundaries: North of Lands of Ellammal and Govindaraj, South of Lands of Venkitasamy in S.F.No.679/3B, East of Amaravathy Main Road in S.F.No.679/2, West of Lands of Vijayalakshmi and Govindaraj. This includes a common pathway. Sl.No (iv): 0.42 Punja Acres in S.F.No.682 (682/1) with boundaries: East & South of Lands in S.F.No.681, West of Lands in S.F.No.681, North of Other Lands of Govindaraj. Also includes 0.10 Punja Acres in S.F.No.679/3B (subdivision S.F.No.679/382) with boundaries: North and West of - Lands of Amaravathy Dyeings Pvt Ltd. South of Lands of Subramania Gounder in S.F No.679/3A, East of Lands of Venkitasamy in S.F.No. 679/3B. Further includes 0.25 Punja Acres in S.F.No.679/3B (subdivision S.F.No.679/382) with boundaries: South of Factory Power House, North and West of Lands of Govindaraj. East of Lands of Venkitasamy in S.F.No.679/38. This also includes a common pathway and all other appurtenances.
State:Tamil Nadu
City:Coimbatore
Area:Udumalpet
Asset Category:Residential
This is a SARFAESI auction conducted by Canara Bank for the sale of land located in Udumalpet, Coimbatore, Tamil Nadu. The total extent of the land being auctioned is 10.9975 Acres, along with any existing buildings and appurtenances. The property is divided into four serial numbers (i) to (iv), with detailed descriptions of their boundaries and specific acreages. The auction has a reserve price of 3,47,00,000.00 and an EMD of 34,70,000.00. The auction will take place on July 31, 2025, from 11:30 AM to 12:30 PM. The application submission deadline is July 31, 2025, at 11:00 AM.
Borrower Name:M/s Sri Selvanaayaki Textiles
Auction Type:SARFAESI Auction
Contact Ph. No. 0422-2549459/2555555, Mob No: 94890 43584