Land for auction 98 Meter, Meter Deposit, Paramathi, Namakkal by DCB Bank

Property for Auction in Paramathi, Namakkal, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Paramathi, Namakkal
Auction Date IconAuction Date:
31-07-2025 11:30 AM

Auction Details

Auction ID:544021

Bank Name:DCB Bank

Branch Name:Regional Office

Reserve Price:57,00,000

EMD:5,70,000

Service Provider:Samil

Important Dates

Submission Date:30-07-2025 05:00 PM

Bid Start Date:31-07-2025 11:30 AM

Property Description

This is a residential land property located in Paramathi, Namakkal District, Tamil Nadu. The land is situated in Vellalapalayam South Street, Ward 8, Paramathi Village, originally surveyed as Old S.No.558/2 and currently as New S.No.558/10. It has an extent of 2440 Sq.ft and is part of 'Bharathi Nagar' in Plot No.98, approved under DTCP No.555/1992. The property includes a house bearing D.Nos.83/7 & 83/7A, along with associated amenities like meter, meter deposit, common facilities, a compound wall, and water and drainage connections. It also includes all easement and pathway rights.

State:Tamil Nadu

City:Namakkal

Area:Paramathi

Asset Category:Residential

Auction Description

DCB Bank is conducting a SARFAESI auction for a plot of land located in Paramathi, Namakkal, Tamil Nadu. The property, identified as Plot No.98 in Bharathi Nagar, spans 2440 Sq.ft and is situated within the Paramathi-velur Major Town Limits. The land is part of the original S.No.558/2, now New S.No.558/10, approved under DTCP No.555/1992. It comes with all easement and pathway rights, and is bounded by Plot Nos.96,100 to the East, a 30 feet wide pathway to the West, Plot No.97 to the South, and Plot No.99 to the North. The property includes a house with D.Nos.83/7 & 83/7A, meter, meter deposit, common rights, compound wall, water and drainage facilities. The auction has a reserve price of 57,00,000 and an EMD of 5,70,000. The auction will take place on July 31, 2025, from 11:30 AM to 12:30 PM. Application submission deadline is July 30, 2025, by 5:00 PM. For inquiries, contact 9160005011 / 01 / 09.

Borrower Name:Mr. Senthilkumar G

Auction Type:SARFAESI Auction

Contact Details

Contact Mobile No : 9160005011 / 01 / 09

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