Land for auction 5 - Pollachi - Coimbatore by Karnataka Bank

The property is a parcel of land located in Pollachi, Coimbatore, Tamil Nadu. Specifically, it is in the Coimbatore Registration District, Pollachi Sub Registration District, Pollachi Taluk, Kasba Pollachi Municipal Town, Town Survey Ward No.5, Municipal Ward No.9, 1st T.S.No.4. The total extent is 5.40 acres (5.17424 sq.ft). A specific portion of 1.7472 acres (38048 sq.ft or 3534.75 sq.mt.) marked 'A' in Doc No.1124/1968 is being auctioned. The boundaries are described as North of Ittery in T.S.No.5, South of property belonging to Vasundara Devi in T.S.No.4, East of property belonging to P.Venkatachala Gounder in T.S.No.4, and West of property belonging to P.Venkatachala Gounder in T.S.No.4. The dimensions are: Northern side East-West - 141 feet, Southern side East-West - 280 feet, Eastern side North-South - 180 ft then East-West 140 feet, North-South 233 feet, Western side North-South - 382 feet. The property is situated in new T.S.No. 1033, Ward No.E, Block No.16 in Pollachi Municipal Town. Latitude: 10.667410 N, Longitude: 77.006705 E. The property is under constructive possession.

This auction features a land parcel in Pollachi, Coimbatore, Tamil Nadu, offered by Karnataka Bank. The property is located in Kasba Pollachi Municipal Town, Ward No.9, T.S.No.4 and new T.S.No. 1033, Ward No.E, Block No.16. The total extent of the property is 5.40 acres, with a specific portion of 1.7472 acres (38048 sq.ft.) being auctioned as per plan in Doc No.1124/1968. The boundaries are detailed as North of T.S.No.5, South of Vasundara Devi's property, East of P.Venkatachala Gounder's property, and West of P.Venkatachala Gounder's property. The property is under constructive possession. The auction is a SARFAESI Auction with a reserve price of 18,50,00,000.00 and an EMD of 1,85,00,000.00. The auction is conducted by Auctionbazaar and is scheduled for March 18, 2025, from 11:30 AM to 12:00 PM. Applications must be submitted by March 17, 2025, 04:00 PM. Contact ARMB Chennai at 044-23463509 / 9677426712 or the local branch at 0421-2481666 / 9442173888 / 9442124766 for inquiries.