Land for auction 4 Ganapathypalayam Villa, Palladam, Tiruppur by BOI

Property for Auction in Palladam, Tiruppur, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Palladam, Tiruppur
Auction Date IconAuction Date:
15-03-2025 11:00 AM

Auction Details

Auction ID:458372

Bank Name:Bank of India

Branch Name:Recovery department

Reserve Price:1,76,56,000

EMD:17,65,600

Service Provider:BAANKNET

Important Dates

Submission Date:14-03-2025 05:00 PM

Bid Start Date:15-03-2025 11:00 AM

Property Description

The property is a piece of land with a building located in Sri Srinivasa Nagar, Ganapathypalayam Village, Palladam Taluk, Tiruppur Registration District, Tamil Nadu. The land is in SF No 18/1A1D and is identified as Site No. 39. The total extent of the land is 5725% Sq. Ft. The boundaries are: South by Well belonging to Palaniammal, North by Allalapuram Road, West by South-North Pathway of Palaniammal and others, and East by Lands retained by Palaniammal. The property is situated in Palladam, Tiruppur.

State:Tamil Nadu

City:Tiruppur

Area:Palladam

Asset Category:Residential

Auction Description

This is a SARFAESI auction for a residential property, specifically land, located in Palladam, Tiruppur, Tamil Nadu. The auction is being conducted by the Bank of India. The property is identified as Site No. 39 in SF No 18/1A1D in Ganapathypalayam Village. It was formerly owned by Thamaraikkannan R (deceased) and is now owned by his legal heirs. The land measures 5725% Sq. Ft. and includes a building. The auction has a reserve price of 17,656,000.00 and an EMD of 1,765,600.00. The auction is scheduled for March 15, 2025, from 11:00 AM to 05:00 PM. The borrower is M/s. NU Fabrics.

Borrower Name:M/s.NU Fabrics

Auction Type:SARFAESI Auction

Contact Details

Contact Phone: (0422) 2397221, 2383074

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