Property for Auction in Dharapuram, Tiruppur, Tamil Nadu
Auction ID:435421
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹5,75,00,000
EMD:₹57,50,000
Service Provider:Public Auction
Submission Date:13-02-2025 05:00 PM
Bid Start Date:14-02-2025 11:00 AM
The property consists of land and a building, including a building under construction and to be constructed in the future, located in Puduppai Village, Dharapuram Taluk, Tiruppur Registration District. It comprises land parcels in Old S.F.No. 137/A and 137/B, with new sub-division numbers and a total extent of Punja Acre 3.71%. Additionally, it includes land in Old S.F. No. 138/A with a spinning mill building and electric services. The property is bounded by Murugesa Gounder Vahayara Share fence to the North, S.F. No. 137/C Land and Item No.1. S.F.No. 137/A2 Land to the South, Palanisamy Gounder Land in S.F.No.138/A1 to the East, and S.F.No.132, 133 Lands to the West. The total area is Punja Acre 5.36%.
State:Tamil Nadu
City:Tiruppur
Area:Dharapuram
Asset Category:Residential
This is a SARFAESI auction by City Union Bank for a land and building property in Dharapuram, Tiruppur, Tamil Nadu. The property includes land measuring approximately 3.71 acres (Item No.1) and 4.78 acres (Item No.2) with a spinning mill building. The total extent is approximately 5.36 acres. The auction has a reserve price of ₹5,75,00,000 and an EMD of ₹57,50,000. The auction will be conducted on 14-02-2025 from 11:00 AM to 01:00 PM.
Borrower Name:M/s. Srri Balajagathambal Spinning Mills Pvt. Ltd
Auction Type:SARFAESI Auction
Contact Telephone No.04257-261561, Cell No. 9344038625