Land for auction - Pudupalayam, Pondicherry by Indian Overseas Bank

Property for Auction in Pudupalayam, Pondicherry, 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:
Pudupalayam, Pondicherry
Auction Date IconAuction Date:
25-04-2025 02:00 PM

Auction Details

Auction ID:485665

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 05:00 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 Malail Adigal Salai, Orleanpet. Pudupalayam Revenue Village, Puducherry Municipality and Pondicherry 533 464. (Sale deed No. 1844/2013). Boundaries of the property: 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:Pondicherry

Area:Pudupalayam

Asset Category:Residential

Auction Description

Indian Overseas Bank is auctioning a hotel building 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 Malail Adigal Salai, Orleanpet. Pudupalayam Revenue Village, Puducherry Municipality and Pondicherry 533 464. The property has boundaries: North: Property belonging to Vaiyapuri Chettiar, South: Maraimalai Adigal Salai, East: Street & Green Park Hotel, West: Subbiah Nagar Main Street. The total site extent is 35120 sqft with a building plinth area of 100,962 sqft. The auction will take place on 25-04-2025 from 02:00 PM to 05:00 PM. The reserve price is 495000000.00 and the EMD is 49500000.00. For inquiries, contact Mr. P. Ronald Jesudass at 97016 49020.

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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