Land for auction A1 Erode Villa, Erode, Erode by Indian Overseas Bank

The property consists of land and a building. Schedule A details 9530 Sq. ft of land with a 10°10 calicut tiled building located in Erode Registration District, Erode Sub-Registration District, Erode Taluk, Outside Municipal Limit, Erode Village, Old S.F.No. 1182/A1, R.S.No. 1284/1A Punjai. Boundaries for Schedule A: South of 20 feet East-West road, North of property of Syed Ibrahim Shahib and others, East of Ranganathan Property, West of North South itteri. Schedule B describes 172.25 Sq.ft. of USD land within the same survey number. Boundaries for Schedule B: North of 20 Feet East West road, South of common well (Schedule C), West of property of Periyasamy, East of property of Natarajan. Schedule C details 190.50 Sq.ft. of USD land. Boundaries for Schedule C: North of Schedule-B Property, South of Schedule-D Property, West of property of Periyasamy, East of property of Natarajan. Schedule D comprises 39.75 Sq.ft. of USD land. Boundaries for Schedule D: North of Schedule-C (well), South of property of Syed Ibrahim Shahib, West of Property of Periyasamy, East of Property of Natarajan. In total, the property includes 9932.50 Sq. ft of land and building with customary easementary rights and appurtenances.

This is a SARFAESI Auction conducted by Indian Overseas Bank for a Land and Building property in Erode, Tamil Nadu. The property is located at Kasipalayam Municipality, Ward No.11, D.No.17/1 Baladhandayutham 2nd street, Vendipalayam, Erode District. The total land area is 9932.50 Sq. ft, including a 10°10 calicut tiled building in Schedule A (9530 Sq. ft) and USD land in Schedules B, C, and D (402.50 Sq. ft). The property has usual easementary rights. The auction has a reserve price of ₹1,20,00,000 and an EMD of ₹12,00,000. The auction will be held on 27-02-2025 from 10:30 AM to 12:30 PM. The application submission deadline is 26-02-2025 by 5:00 PM. For inquiries, contact 0422-2497178. The service provider for this auction is BAANKNET.