Land for auction 3 Devanampalayam Villa, Paramathi, Namakkal by City Union Bank

The auction features a total of approximately 16.87 acres of land spread across two schedules. Schedule A consists of 7.28 acres of vacant land, with detailed boundaries provided by survey numbers and adjacent property owners. Schedule B includes 9.59 1/2 acres of land, also with specific survey numbers and boundary descriptions. The properties are located in Devanampalayam Village, Paramathi Taluk, within the Namakkal Registration District, Tamil Nadu. The land is described as 'Punjai' land, indicating dry agricultural land.

This is a SARFAESI auction conducted by City Union Bank for immovable properties mortgaged to the bank. The auction includes two schedules of land. Schedule A comprises 7.28 acres of vacant land in Devanampalayam Village, Paramathi Taluk, Namakkal District. Schedule B comprises 9.59 1/2 acres of land across several survey numbers in the same village. The properties are owned by Mr. R. Radha and Mr. R. Nagarajan, associated with M/s. Ran India Steels (P) Ltd. The auction has a reserve price of 70,000,000.00 and an EMD of 7,000,000.00.