Land for auction IDAPPADI Chinnamanali Villa, Idappadi, Salem by Karur Vysya Bank

The property is a Land and Building located in Chinnamanali Village, Idappadi Taluk, Salem District, Tamil Nadu. It is situated at S.No. 11/3 Punjai Hec.0.55.5, Acre 1.37, with a specific area of 1344 Sq. Ft. of land. The property includes constructions, doors, windows, fixtures, fittings, and superstructures, along with all other appurtenances. Routine pathway rights and easementary rights are also included. The property is described in detail in the Registered Gift deed dated 14.05.2012 in Doc No.2129/2012.

This is a SARFAESI auction conducted by Karur Vysya Bank for a Land and Building property located in Idappadi, Salem, Tamil Nadu. The property is situated at S.No. 11/3 Punjai Hec.0.55.5, Acre 1.37, within which an extent of 1344 Sq. Ft. of land with constructions, doors, windows, fixture, fittings and superstructures and all other appurtenurtenures thereon with routine pathway rights and easementary rights. The property is associated with borrowers Mr. C. Venkatesh and Mr. S.S. Chinnappan, and guarantor Mr. P. Palanisamy. The total due as of 27.01.2025 is Rs. 8,93,715.31, with further interest and costs. The property is also charged to a SOD limit granted to M/s S C Venkatesh Tex with an outstanding of Rs. 13,48,508.49 as of 01.02.2025, along with further interest, cost and incidental charges. The reserve price is Rs. 32,25,000.00 and the EMD is Rs. 3,22,500.00. The auction will be held on 05-03-2025 between 11:00 AM and 01:00 PM. The application submission date is 04-03-2025 by 05:00 PM. For inquiries, contact Mr. Michael Jegendran at 9626247614 or idapaddi@kvbmail.com.