Land for auction Pudupalaiyam, Puducherry by Indian Overseas Bank

Property for Auction in Pudupalaiyam, Puducherry, Puducherry

Reserve Price
49,50,00,000
Map Preview Unavailable
Reserve Price
49,50,00,000
EMD Required
4,95,00,000
Property Specifications
Society/Building
Size
Unit No.
Floor
Possession Status
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Pudupalaiyam, Puducherry
Auction Date IconAuction Date:
25-04-2025 02:00 PM

Auction Details

Auction ID:485265

Bank Name:Indian Overseas Bank

Branch Name:Asset Recovery Management Branch

Reserve Price:49,50,00,000

EMD:4,95,00,000

Service Provider:BAANKNET

Important Dates

Submission Date:24-04-2025 04:00 PM

Bid Start Date:25-04-2025 02:00 PM

Property Description

Hotel Building with other fixtures by the name of Hotel MASS, excluding any movables lying inside, situated at R.S.No.131,88/1.90/7 & 90/6. TS Nos. 121,130, 131, 137, Block No.11 Ward G. Door No's. 152 & 154, Marai Malai Adigal Salal. Orleanpet, Pudupalayam Revenue Village, Puducherry Municipality and Pondicherry 533 464. (Sale deed No. 1844/2013). Boundaries: North: Property belonging to Vaiyapuri Chettiar South: Maraimalai Adigal Salai East: Street & Green Park Hotel West: Subbiah Nagar Main Street. Total extent of the site: 35120 sft. Plinth area of the building: 100,962 sqft. Latitude: 11°55'53.8"N, Longitude: 79°49'01.6"E.

State:Puducherry

City:Puducherry

Area:Pudupalaiyam

Asset Category:Residential

Auction Description

This is a SARFAESI Auction for a Hotel Building with fixtures, known as Hotel MASS, located at R.S.No.131,88/1.90/7 & 90/6. TS Nos. 121,130, 131, 137, Block No.11 Ward G. Door No's. 152 & 154, Marai Malai Adigal Salal. Orleanpet, Pudupalayam Revenue Village, Puducherry Municipality and Pondicherry 533 464. The property spans 35,120 sqft of land with a building plinth area of 100,962 sqft. The auction is conducted by Indian Overseas Bank, with a reserve price of 495,000,000.00 and EMD of 49,500,000.00. The auction is scheduled for April 25, 2025, from 02:00 PM to 05:00 PM. The property is situated in Pudupalaiyam, Puducherry.

Borrower Name:Mr Kumaravel Varatha Rajan

Auction Type:SARFAESI Auction

Contact Details

Branch:Branch Office : Asset Recovery Management Branch

Service Provider:BAANKNET

Contact Details:

Contact no: —

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