Land for auction 6106 Vasuki Nagar, Kumarapalayam, Namakkal by Tamilnad Mercantile Bank

Property for Auction in Kumarapalayam Amani, Namakkal, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Kumarapalayam Amani, Namakkal
Auction Date IconAuction Date:
24-06-2025 11:30 AM

Auction Details

Auction ID:520125

Bank Name:Tamilnad Mercantile Bank Limited

Branch Name:Erode Branch

Reserve Price:2,97,00,000

EMD:29,70,000

Service Provider:Public Auction

Important Dates

Submission Date:23-06-2025 05:00 PM

Bid Start Date:24-06-2025 11:30 AM

Property Description

A total of 6106.85 sq.ft. of land consisting of 2956.50 sq.ft. + 2555.35 sq.ft. + 595 sq.ft. in S.No.50/5A, Subdivision S.No.50/5A3, present Subdivision S.No.50/5A3B, and the building constructed thereat. Located in Vasuki Nagar, Dharma Thoppu, near to TNEB Office & Opp to Federal Bank Building, Salem Main Road, Kumarapalayam Amani Village, Thattankuttai Grama Panchyath limits, Kumarapalayam Taluk, Namakkal District. Boundaries for 2956.50 sq.ft: North: Land of Natarajan, South: 14 feet wide East West pathway, East: Land of Subramani and others, West: Property of Prema. Boundaries for 2555.35 sq.ft.: North: 14 feet wide East West Road, South: Salem Main Road, East: Property of Subramani, West: Property of Chellamuthu and 595 sq.ft. of land in SF No. 50/5A3B. Boundaries for 595 sq.ft: North: 14 feet wide pathway, South: Property of Chellamuthu & Kumarasamy, East: 2555.35 sq.ft. of land in SF No. 50/5A38, West: Property of M.Dhanalakshmi. The property includes mamool passage rights, well property rights, canal rights and usual pathway rights.

State:Tamil Nadu

City:Namakkal

Area:Kumarapalayam Amani

Asset Category:Residential

Auction Description

Tamilnad Mercantile Bank Limited is conducting a SARFAESI auction for a piece of land in Kumarapalayam Amani, Namakkal District, Tamil Nadu. The property, measuring a total of 6106.85 sq.ft., is located in Vasuki Nagar, Dharma Thoppu, near the TNEB Office and opposite the Federal Bank Building on Salem Main Road. The land is in S.No.50/5A, Subdivision S.No.50/5A3, present Subdivision S.No.50/5A3B, and includes a building. It is situated within the Thattankuttai Grama Panchyath limits, Kumarapalayam Taluk, and falls under the Registration District of Namakkal and Sub Registration District of Kumarapalayam. The property also includes mamool passage rights, well property rights, canal rights, and usual pathway rights. The land is standing in the name of Mrs.K.Anitha. The auction has a reserve price of ₹2,97,00,000 and an EMD of ₹29,70,000. The auction will be held on June 24, 2025, from 11:30 AM to 12:30 PM. Application submission deadline is June 23, 2025, by 5:00 PM. The property is categorized as Residential.

Borrower Name:M/s. Yesskay Renewable Venture Pvt. Ltd

Auction Type:SARFAESI Auction

Contact Details

Contact Ph: 0424 2256502; 2255834, Mobile: 98422 58477 Authorised Officer-98428 35635

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