Property for Auction in Perundurai, Erode, Tamil Nadu
Auction ID:534709
Bank Name:Union Bank of India
Branch Name:ASSET RECOVERY BRANCH, COIMBATORE
Reserve Price:₹75,00,000
EMD:₹7,50,000
Service Provider:BAANKNET
Submission Date:13-08-2025 05:00 PM
Bid Start Date:14-08-2025 12:00 PM
The property is a leasehold land parcel of 1.08 acres located in the SIPCOT Industrial Growth Centre, Perundurai, Erode district, Tamil Nadu. The land is identified by Revenue Survey No. 214(Pt) in Ingur Village. It is bordered by SIPCOT Road on the north and east, Plot No. S-34 on the south, and Plot No. S-15 on the west. The dimensions are approximately 96.80 M (east to west, north boundary) and 90.00 M (east to west, south boundary), with a depth varying from 67.45 M (east boundary) to 24.87 M (west boundary). The leasehold rights are valid for 99 years from 23-05-2013.
State:Tamil Nadu
City:Erode
Area:Perundurai
Asset Category:Residential
This is a SARFAESI Auction conducted by Union Bank of India for a leasehold property in Perundurai, Erode, Tamil Nadu. The property comprises 1.08 acres of land located in SIPCOT Industrial Growth Centre, Perundurai, with revenue survey number 214(Pt) of Ingur Village. The land is bounded by SIPCOT Road to the north and east, Plot No.S-34 to the south, and Plot No.S-15 to the west. The linear measurements are: East to West on the north is 96.80 M, East to West on the south is 90.00 M, North to South on the east is 67.45 M, and North to South on the west is 24.87 M. The borrower holds leasehold rights from SIPCOT for 99 years as per a lease deed dated 23-05-2013. The auction will be held on 14-08-2025 from 12:00 PM to 05:00 PM. The reserve price is INR 7,500,000.00 and the EMD is INR 750,000.00. For inquiries, contact Mr. Bimal Sukumar.A, Chief Manager at 9769479168.
Borrower Name:M/s.SJN Manufacturing and Services P Ltd
Auction Type:SARFAESI Auction
Mr. Bimal Sukumar.A Chief Manager Mobile No : 9769479168