Property for Auction in Athur Village, Karur, Tamil Nadu
Auction ID:551354
Bank Name:Bank of India
Branch Name:Zonal Office - Coimbatore
Reserve Price:₹1,59,56,000
EMD:₹15,95,600
Service Provider:BAANKNET
Submission Date:25-08-2025 05:00 PM
Bid Start Date:26-08-2025 11:00 AM
This offering consists of land located in Athur Village, Karur, within the state of Tamil Nadu. The property is classified as residential land and is being auctioned by the Bank of India under the SARFAESI Act. Ideal for development or investment, this parcel offers significant potential in a growing region. Further details regarding the specific acreage and boundaries can be obtained from the official auction notice. The property is available for acquisition through a public auction process.
State:Tamil Nadu
City:Karur
Area:Athur Village
Asset Category:Residential
Bank of India is conducting a SARFAESI auction for a valuable plot of land in Athur Village, Karur, Tamil Nadu. This is a prime opportunity to acquire land in a developing area. The reserve price for this auction is ₹1,59,56,000, with an Earnest Money Deposit (EMD) of ₹15,95,600 required to participate. The auction will be held on August 26, 2025, starting at 11:00 AM and concluding at 5:00 PM. This land, previously associated with M/s. ACE Tex, presents a unique investment prospect in Karur.
Borrower Name:M/s. ACE Tex
Auction Type:SARFAESI Auction
Contact Phone: (0422) 2397221, 2383074