Land for auction H The Janakiram Mills, Rajapalayam, Virudhunagar by BOI

Property for Auction in Rajapalayam, Virudhunagar, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Rajapalayam, Virudhunagar
Auction Date IconAuction Date:
15-02-2025 11:00 AM

Auction Details

Auction ID:435432

Bank Name:Bank of India

Branch Name:RECOVERY DEPARTMENT: COIMBATORE ZONAL OFFICE

Reserve Price:12,28,50,000

EMD:1,22,85,000

Service Provider:BAANKNET

Important Dates

Submission Date:14-02-2025 05:00 PM

Bid Start Date:15-02-2025 11:00 AM

Property Description

The property comprises two land parcels in Rajapalayam, Virudhunagar District, Tamil Nadu. Item 1 is 85 cents and Item 2 is 59 cents, totaling 144 cents. The land is situated on Rajapalayam Madurai road, within Rajapalayam Municipality Limits. Both items are within combined T.S.No 6 to 51, T.S. Block No. 2, T.S. Ward-H (Old Revenue Survey Number: 438 part, 432/A of Kothankulam Revenue village). The boundaries for Item 1 are: East - Property of Krishna Oil Mills Lands (Pressing Factory), West - Property of M/s. The Janakiram Mills Ltd, South - 2nd item Land (M/s. The Janakiram Mills Ltd) followed by Railway Line, North - Madurai-Tenkasi Road. The boundaries for Item 2 are: East - Property of Krishna Oil Mills Lands (Pressing Factory), West - Property of M/s. The Janakiram Mills Ltd, South - Railway Line, North - 1st Item Land (M/s. The Janakiram Mills Ltd) followed by Madurai-Tenkasi Road. The property is owned by M/s. The Janakiram Mills Ltd.

State:Tamil Nadu

City:Virudhunagar

Area:Rajapalayam

Asset Category:Residential

Auction Description

This is a SARFAESI auction conducted by the Bank of India for a property located in Rajapalayam, Virudhunagar District, Tamil Nadu. The property consists of two items of land totaling 144 cents (85 cents + 59 cents). Item 1 is described as all the piece and parcel of land to an extent of 85 cents, previously well and Kamalai Kuli Lands, in Rajapalayam Madurai road, within Rajapalayam Municipality Limits. Item 2 is all the piece and parcel of land to an extent of 59 cents in Rajapalayam Madurai road, Rajapalayam Municipality Limits, with house building D.No. 8/1 to 46/1. Both items are comprised in combined T.S.No 6 to 51, T.S. Block No. 2, T.S. Ward-H (Old Revenue Survey Number: 438 part, 432/A of Kothankulam Revenue village), Rajapalayam, Sub Registrar Office Limit of Rajapalayam Taluk of Virudhunagar District. The property is owned by M/s. The Janakiram Mills Ltd. The auction has a reserve price of 12,28,50,000.00 and an EMD of 1,22,85,000.00. The auction will be held on 15-02-2025 from 11:00 AM to 05:00 PM. The application submission deadline is 14-02-2025 at 05:00 PM.

Borrower Name:M/s. Sundar Tyres and Wheels Private Limited

Auction Type:SARFAESI Auction

Contact Details

Contact Ph:(0422) 2397221, 2383074

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