Property for Auction in Naranamangalam, Ramanathapuram, Tamil Nadu
Auction ID:536362
Bank Name:Karur Vysya Bank
Branch Name:Asset Recovery Branch
Reserve Price:₹4,85,00,000
EMD:₹48,50,000
Service Provider:bankauctions.in
Submission Date:17-07-2025 05:00 PM
Bid Start Date:18-07-2025 03:00 PM
The property consists of five items of land in Naranamangalam, Ramanathapuram District, Tamil Nadu, totaling 4.38 acres. Specifically, it includes Patta No: 402 with S.F.No: 63/3 (0.067.0 Hec), S.F.No: 65/2 (0.20.0 Hec), S.F.No: 65/3 (0.09.5 Hec), and S.F.No: 65/4 (0.26.0 Hec). Additionally, it includes Patta No: 13, S.F.No: 65/5 (0.55.5 Hec or 1.37 acres). A school building, M/s.ABC Kenbridge Matriculation school, with multiple door numbers, is constructed on this land. The boundaries for each parcel are detailed in the auction notice.
State:Tamil Nadu
City:Ramanathapuram
Area:Naranamangalam
Asset Category:Residential
This is a SARFAESI auction conducted by Karur Vysya Bank for a property located in Naranamangalam, Ramanathapuram, Tamil Nadu. The property includes land parcels and a school building, M/s.ABC Kenbridge Matriculation school. The total land extent is 4.38 acres. The auction is scheduled for July 18, 2025, from 3:00 PM to 4:00 PM. The reserve price is 48,500,000.00 and the EMD is 4,850,000.00. The borrower is M/s.Vimalanandha Educational Charitable Trust. Contact details for inquiries are provided.
Borrower Name:M/s.Vimalanandha Educational Charitable Trust
Auction Type:SARFAESI Auction
Contact ARB Chief Manager – 95855 95881 Recovery officer – 99440 54594 Branch Manager - 96262 47600