Property for Auction in Kangeyam, Tiruppur, Tamil Nadu
Auction ID:471642
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹58,48,000
EMD:₹5,84,800
Service Provider:BAANKNET
Submission Date:26-03-2025 05:00 PM
Bid Start Date:27-03-2025 12:00 PM
The property is a plot of land in Kangeyam, Tiruppur District, Tamil Nadu, under Patta No. 802 and R.S.No. 801/4, with a total extent of 1.26.5 Hectares. It comprises three plots: Plot No. 1 is 0.28 acres, Plot No. 2 is 0.10 acres, and Plot No. 3 is 1.06 acres, summing up to 1.44 acres. A residential building of 560.25 sq.ft. with a tiled roof is situated on the land. The property benefits from electricity service connection No. 03 083 008 677 and includes a 1/3 share in common pathways. The property is located within Paranjervali village panchayat limits.
State:Tamil Nadu
City:Tiruppur
Area:Kangeyam
Asset Category:Residential
This is a SARFAESI Auction conducted by Union Bank of India for a plot of land located in Kangeyam, Tiruppur, Tamil Nadu. The property, with Patta No. 802 and R.S.No. 801/4, has a total extent of 1.26.5 Hec. It is divided into three plots: Plot No. 1 (0.28 acres), Plot No. 2 (0.10 acres), and Plot No. 3 (1.06 acres), totaling approximately 1.44 acres. The property includes a 560.25 sq.ft. residential building with a tiled roof, D.No. 11/27, and electricity service connection No. 03 083 008 677. It also includes 1/3 share rights in common pathways. The reserve price is INR 5,848,000.00 and the EMD is INR 584,800.00. The auction is scheduled for March 27, 2025, from 12:00 PM to 5:00 PM. The application submission deadline is March 26, 2025, 5:00 PM. The property belongs to Mr. C. Nallasamy & Mr. N Karthikeyan. Contact person is Mr. Bimal Sukumar.A, Chief Manager at 9769479168.
Borrower Name:M/s. Sri Vel Traders
Auction Type:SARFAESI Auction
Mr. Bimal Sukumar.A, Chief Manager, Mobile No.97694 79168