Property for Auction in Rasipuram, Namakkal, Tamil Nadu
Auction ID:597448
Bank Name:Religare Finvest Ltd
Branch Name:Regd Off
Reserve Price:₹5,55,94,882
EMD:₹55,59,488
Service Provider:Public Auction
Submission Date:30-10-2025 05:00 PM
Bid Start Date:31-10-2025 11:30 AM
A prime parcel of land located in Rasipuram, Namakkal, Tamil Nadu. This asset, formerly associated with Sri Ramavilas Rice Mill, is categorized as residential. The property is being auctioned by Religare Finvest Ltd under the SARFAESI Act. Situated in a key area of Namakkal, this land presents a significant opportunity for development or investment.
State:Tamil Nadu
City:Namakkal
Area:Rasipuram
Asset Category:Residential
Religare Finvest Ltd is conducting a SARFAESI auction for a valuable land parcel in Rasipuram, Namakkal, Tamil Nadu. The auction will take place on October 31, 2025, from 11:30 AM to 12:00 PM. The reserve price is set at INR 5,55,94,882, with an Earnest Money Deposit (EMD) of INR 55,59,488. This is a unique chance to acquire a substantial plot of land in a developing region. Interested parties should review all auction terms and conditions prior to bidding.
Borrower Name:Sri Ramavilas Rice Mill
Auction Type:SARFAESI Auction
Mr.Paramesh KN : 89396 05467 and Mr. A.Wilson : 93110 56699