Land for auction A2 Puduppai Villa, Dharapuram, Tiruppur by City Union Bank

Property for Auction in Dharapuram, Tiruppur, Tamil Nadu

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Dharapuram, Tiruppur
Auction Date IconAuction Date:
14-02-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:13-02-2025 05:00 PM

Bid Start Date:14-02-2025 11:00 AM

Property Description

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

Auction Description

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 Details

Contact Telephone No.04257-261561, Cell No. 9344038625

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