Land for auction 66 Paramathi Taluk Devanampalayam Villa, Paramathi, Namakkal by City U...

Property for Auction in Paramathi, Namakkal, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Paramathi, Namakkal
Auction Date IconAuction Date:
24-02-2025 10:00 AM

Auction Details

Auction ID:439751

Bank Name:City Union Bank

Branch Name:Credit Recovery and Management Department

Reserve Price:7,40,00,000

EMD:74,00,000

Service Provider:Public Auction

Important Dates

Submission Date:22-02-2025 05:00 PM

Bid Start Date:24-02-2025 10:00 AM

Property Description

A total of 7.28 acres of vacant land located in Devanampalayam Village, Paramathi Taluk, within the Namakkal Registration District of Tamil Nadu. The land falls under Survey Number 66. The property is categorized as Residential Asset and is being auctioned as vacant land. It is being sold by City Union Bank as part of a SARFAESI Auction.

State:Tamil Nadu

City:Namakkal

Area:Paramathi

Asset Category:Residential

Auction Description

This auction features 7.28 acres of vacant land in Devanampalayam Village, Paramathi Taluk, Namakkal District, Tamil Nadu. The property is owned by Mr. R. Radha and Mr. R. Nagarajan, who are associated with M/s. Ran India Steels (P) Ltd. The land is divided into three parcels for description purposes: 2.00 acres, 2.28 acres, and 3.00 acres, all within Survey Number 66. Detailed boundaries for each parcel are provided. This is a SARFAESI Auction conducted by City Union Bank with a reserve price of INR 7,40,00,000 and an EMD of INR 74,00,000. The auction will take place on February 24, 2025, from 10:00 AM to 5:00 PM.

Borrower Name:M/s. Ran India Steels (P) Ltd

Auction Type:SARFAESI Auction

Contact Details

Telephone No.04288-256356, Cell No. 9344038628

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