Property for Auction in Aravakurichi, Karur, Tamil Nadu
Auction ID:575595
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹22,70,000
EMD:₹2,27,000
Service Provider:BAANKNET
Submission Date:08-10-2025 03:00 PM
Bid Start Date:08-10-2025 11:00 AM
Explore an investment opportunity in Aravakurichi, Karur, Tamil Nadu. This residential plot, offered by Punjab National Bank, presents a unique chance to acquire land in a developing area. The property is situated within the Karur district, known for its textile industry and growing infrastructure. Ideal for development or as a personal residence, this plot offers potential for future appreciation. Don't miss this chance to own a piece of Aravakurichi.
State:Tamil Nadu
City:Karur
Area:Aravakurichi
Asset Category:Residential
Punjab National Bank is conducting a SARFAESI auction for a residential plot located in Aravakurichi, Karur, Tamil Nadu. The auction begins on October 8, 2025, at 11:00 AM and concludes at 4:00 PM on the same day. The reserve price for this asset is ₹2,270,000, with an Earnest Money Deposit (EMD) of ₹227,000 required to participate. This is a direct opportunity to bid on a property formerly associated with M/s. Agaramm Tex under the SARFAESI Act.
Borrower Name:M/s.Agaram Tex
Auction Type:SARFAESI Auction
Contact Number: 0422-2231314, 0422-2231345