Property for Auction in Periyapatti, Namakkal, Tamil Nadu
Auction ID:541939
Bank Name:Union Bank of India
Branch Name:Salem Main Branch
Reserve Price:₹38,82,000
EMD:₹3,88,200
Service Provider:BAANKNET
Submission Date:29-07-2025 05:00 PM
Bid Start Date:30-07-2025 12:00 PM
The property is a parcel of land and a building situated in Periyapatti Village, Namakkal Taluk, Namakkal Registration district, Namakkal Joint II Sub-Registration district. The total extent of the land is 1.01 acres. A portion of this land, measuring 0.85 acres, has been divided into house plots. The specific plot being auctioned is Plot No.3, which measures 1400 sq.ft. It is bounded by a 20ft wide north-south path on the east, Plot No.1 on the west, Auditor Vijayan's land on the north, and Plot No.2 on the south. The dimensions of the plot are 28ft east-west on the northern side, 28ft east-west on the southern side, 50ft north-south on the eastern side, and 50ft north-south on the western side. The property falls under new survey S.No.116/3A and includes all rights to pathways and other easements as mentioned in the deed and prior deeds. The property is freehold and owned by Mrs. K. Sasikala, wife of Mr. S. Selvarathinam.
State:Tamil Nadu
City:Namakkal
Area:Periyapatti
Asset Category:Residential
Union Bank of India is conducting a SARFAESI auction for a Land And Building property in Periyapatti, Namakkal, Tamil Nadu. The property is located at S.No.116/3, with an extent of 1.01 acres, of which 0.85 acres is divided into house plots. The specific plot for auction is Plot No.3, measuring 1400 sq.ft, with boundaries East of a 20ft wide path, West of Plot No.1, North of Auditor Vijayan land, and South of Plot No.2. The property is freehold and belongs to Mrs. K. Sasikala, wife of Mr. S. Selvarathinam. The reserve price is 38,82,000.00 and the EMD is 3,88,200.00. The auction will be held on 30-07-2025 from 12:00 PM to 05:00 PM.
Borrower Name:Mr.S. Selvarathinam
Auction Type:SARFAESI Auction
Ph No : 0427-2334813/14