Land for auction 5 mtr RCC, Salem, Salem by RBL Bank

Property for Auction in Salem, Salem, Tamil Nadu

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Salem, Salem
Auction Date IconAuction Date:
16-04-2025 11:00 AM

Auction Details

Auction ID:471899

Bank Name:RBL Bank

Branch Name:Registered Office : Kolhapur

Reserve Price:3,56,33,000

EMD:35,63,300

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:15-04-2025 05:00 PM

Bid Start Date:16-04-2025 11:00 AM

Property Description

The property is located in Salem District, Salem Registration District, Salem West Joint I SRO, Salem Taluk, Ward No.5, Arunachala Asari Street, Salem, Tamil Nadu. It consists of two parcels of land with buildings. Item 1: An extent of 3092.625 Sq.feet of land along with a 231.80 Sq.mtr RCC building. The property's boundaries are: East of Arunachala Asari Building property, West of "A" Schedule property in Marimuthu Mudhaliyar Property, South of Sidha Mudhaliyar building property, and North of BalavenkatesaChettiyar and Muthusamy Pillai building property. The dimensions are East West on the Northern side 100 Feet, East West on the Southern side 102 feet, North South on the Eastem side 30'6 feet, North South on the Westem side 30'9 feet. Item 2: An extent of 450 Sq.feet of land with an RCC building. The property's boundaries are: East of "B" Schedule property, West of Sidha Mudhaliyar building and North South Passage, South of Sidha Mudhaliyar property, and North of Balavenkatesa Chittiyar building, Muthusamy building and East West passage. The dimensions are East West on the Northern side 18 feet, Southern side 18 feet, North South on the eastern side 25 feet and Western side 25 feet. Both properties have easement and passage rights.

State:Tamil Nadu

City:Salem

Area:Salem

Asset Category:Residential

Auction Description

This is a SARFAESI auction for a Land and Building property in Salem, Tamil Nadu, conducted by RBL Bank. The property is located on Arunachala Asari Street and comprises two items. Item 1 is a land extent of 3092.625 Sq.feet with a 231.80 Sq.mtr RCC building, belonging to Mr. P. Balasubramaniyam. Item 2 is a land extent of 450 Sq.feet with an RCC building, belonging to Mrs. B. Srivani. The auction has a reserve price of 35,633,000.00 and an EMD of 3,563,300.00. The auction will be held on April 16, 2025, from 11:00 AM to 12:30 PM. Applications for the auction must be submitted by April 15, 2025, 05:00 PM. The contact person is Authorised Officer GUNASEELAN.A at 9600144498.

Borrower Name:M/s. Sri Pusspam Textile Mills

Auction Type:SARFAESI Auction

Contact Details

Authorised Officer GUNASEELAN.A Phone No: 9600144498

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