Property for Auction in Ariyalur, Perambalur, Tamil Nadu
Auction ID:536931
Bank Name:Karur Vysya Bank
Branch Name:Asset Recovery Branch : Madurai
Reserve Price:₹24,50,000
EMD:₹2,45,000
Service Provider:bankauctions.in
Submission Date:24-07-2025 05:00 PM
Bid Start Date:25-07-2025 03:00 PM
The property is a parcel of land situated in Varagur Revenue village, within the administrative limits of Kunnam Taluk, Ariyalur Registration District, and Perambalur District, Tamil Nadu. It is classified as Ayan Punja and spans a total of 1.46 acres. The land is divided across two survey fields: S.F.No.266/186 (measuring 0.06.0 ares, equivalent to 0.15 Cents according to the old survey number S.F.No.266/18) and S.F.266/2 (measuring 0.53.0 ares, equivalent to 1.31 Cents according to the old survey number S.F.No.266/2). The boundaries of the property are defined as follows: to the South, it is bordered by lands owned by Mr. Krishnasamy and Mr. Thangavel, as well as a road; to the North, it is bordered by land belonging to Mr. Periyasamy; to the East, it is bordered by lands of Mr. Thangavel and Mr. Krishnasamy; and to the West, it is bordered by land owned by Mr. Krishnasamy. The property is identified by Patta Number 207 and includes all customary rights.
State:Tamil Nadu
City:Perambalur
Area:Ariyalur
Asset Category:Residential
This is a SARFAESI auction for a land property located in Varagur Revenue village, Kunnam Taluk, Ariyalur Registration District, Perambalur District, Tamil Nadu. The land is described as Ayan Punja with a total area of 1.46 acres, comprising two survey numbers: S.F.No.266/186 (0.06.0 ares / 0.15 Cents as per old S.F.No.266/18) and S.F.266/2 (0.53.0 ares / 1.31 Cents as per old S.F.No.266/2). The property has specific boundaries: South by land belonging to Mr. Krishnasamy, Mr. Thangavel and a road; North by land belonging to Mr. Periyasamy; East by land belonging to Mr. Thangavel and Mr. Krishnasamy; and West by land belonging to Mr. Krishnasamy. The property falls under Patta Number 207 and is offered by Karur Vysya Bank with a reserve price of 24,50,000.00 and an EMD of 2,45,000.00. The auction is conducted by bankauctions.in, with the Asset Recovery Branch in Madurai handling the process. The auction is scheduled for July 25, 2025, from 3:00 PM to 4:00 PM.
Borrower Name:M/s SRI VINAYAGA MOTORS
Auction Type:SARFAESI Auction
Contact No: 96265 22929