Property for Auction in Pudupalaiyam, Puducherry, Puducherry
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
Submission Date:24-04-2025 04:00 PM
Bid Start Date:25-04-2025 02:00 PM
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
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
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
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