Property for Auction in Rajapalayam, Virudhunagar, Tamil Nadu
Auction ID:525637
Bank Name:Karur Vysya Bank
Branch Name:Regional Office
Reserve Price:₹5,40,00,000
EMD:₹54,00,000
Service Provider:bankauctions.in
Submission Date:28-06-2025 05:00 PM
Bid Start Date:30-06-2025 04:00 PM
The property consists of land and buildings in Virudhunagar District, Rajapalayam Taluk, Samusigapuram village. It includes multiple survey numbers (S.No. 5008/1, S.No.499/1A, S.No.499/1B, S.No.514A/6B) totaling 68,075.57 Sq. Ft. The property is divided into several items with detailed boundaries for each. Items 1-5 form a compact unit of about 99 cents with buildings bearing Door NO.128, 128A, 1288, 128C, 128D, 128E, and 128F. Items 6-9 form another compact unit of land measuring 24972.875 Sq.Ft. with buildings bearing Door Nos 128C, 128D, 128 E and 128F. The property is identified by Patta Nos: 5008/18 and 499/1A, and also Patta no.2231 and subdivision as A.P.S. Nos. 499/18 and A.P.S.No.514/6828. The asset category is Residential.
State:Tamil Nadu
City:Virudhunagar
Area:Rajapalayam
Asset Category:Residential
This is a SARFAESI auction for a Land and Building property located in Rajapalayam, Virudhunagar, Tamil Nadu, offered by Karur Vysya Bank. The property is described as a compact unit with RCC and tin sheet buildings, bearing multiple door numbers and assessment numbers, situated across various survey numbers totaling approximately 68,075.57 Sq. Ft. The auction has a reserve price of 5,40,00,000.00 and an Earnest Money Deposit (EMD) of 54,00,000.00. The auction will take place on 30-06-2025 from 4:00 PM to 5:00 PM. The application submission deadline is 28-06-2025 by 5:00 PM. Interested parties can contact the provided phone numbers for further details.
Borrower Name:M/s.Annamalaiyar Timbers
Auction Type:SARFAESI Auction
Contact Person & Phone No ARB Chief Manager-95855 95881. Recovery Officer-99440 54594 Rajapalayam Branch Manager-96262 47601 Sales Team Head-9047012170 Sales Recovery Officer-8925982893