Land for auction 32 Thiru Shankar Vagaiyara, Veerappanchatram, Erode by Indian Overseas...

Property for Auction in Veerappanchatram, Erode, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Veerappanchatram, Erode
Auction Date IconAuction Date:
07-04-2025 10:30 AM

Auction Details

Auction ID:466389

Bank Name:Indian Overseas Bank

Branch Name:REGIONAL OFFICE COIMBATORE

Reserve Price:4,67,35,000

EMD:46,73,500

Service Provider:ebkray

Important Dates

Submission Date:06-04-2025 05:00 PM

Bid Start Date:07-04-2025 10:30 AM

Property Description

This is a piece of land located in Veerappanchatram, Erode, Tamil Nadu. It falls under Old SF No. 1878, Resurvey No. 220/1, Patta No. 2053, in the area of Kaikattivalasu, Erode to Nasiyanur Main Road, Vivekananda Street, Veerappapalayam. The property is situated in the Veerappanchatram zone, Ward no. 32, Taluk and Dist Erode. It is classified as punjai land and measures 16335.00 sq.ft. or 37.50 cents. The land has the coordinates Latitude: 11.341165 and Longitude: 77.687992. The boundaries are defined as: To the North by Nasiyanur Road, To the South by land belonging to Tmt. Chinnammal, Thiru Mottaiyan, Thiru Natarajan, Tmt Valarmathi, Thiru Shankar, To the East by Thiru L Periyasamy's land, and To the West by land belonging to Tmt. Chinnamal, Thiru Mottaiyan, Thiru Natarajan, Tmt Valarmathi, Thiru Shankar.

State:Tamil Nadu

City:Erode

Area:Veerappanchatram

Asset Category:Residential

Auction Description

Indian Overseas Bank is auctioning a plot of land in Veerappanchatram, Erode, Tamil Nadu. The property, previously owned by Mrs. K. Savithri, is located on the Erode to Nasiyanur Main Road, Vivekananda Street. It measures 16335.00 sq.ft. (37.50 cents) of punjai land. The boundaries are: North - Nasiyanur Road, South - land belonging to Tmt. Chinnammal, Thiru Mottaiyan, Thiru Natarajan, Tmt Valarmathi, Thiru Shankar, East - Thiru L Periyasamy land, and West - land belonging to Tmt. Chinnamal, Thiru Mottaiyan, Thiru Natarajan, Tmt Valarmathi, Thiru Shankar. The reserve price is ₹4,67,35,000.00, with an Earnest Money Deposit (EMD) of ₹46,73,500.00. This is a SARFAESI auction, and the property is categorized as Residential Land. The auction will be conducted by ebkray and is managed by the Regional Office Coimbatore. Bids can be submitted until 05:00 PM on April 6, 2025, with the auction taking place on April 7, 2025, from 10:30 AM to 01:30 PM.

Borrower Name:SARAN ENTERPRISES

Auction Type:SARFAESI Auction

Contact Details

Authorised Officer: Branch Manager, 0422-2235311/2236104

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