Plot for auction 1 NAnd 286 And the Palani Palani by BOI

Property for Auction in Palani Taluk, Palani, Tamil Nadu

Property Type IconProperty Type:
Plot
Location IconLocation:
Palani Taluk, Palani
Auction Date IconAuction Date:
27-03-2025 01:00 PM

Auction Details

Auction ID:455764

Bank Name:Union Bank of India

Branch Name:Stressed Assets Management Branch

Reserve Price:8,70,00,000

EMD:87,00,000

Service Provider:BAANKNET

Important Dates

Submission Date:26-03-2025 05:00 PM

Bid Start Date:27-03-2025 01:00 PM

Property Description

Property No:1: Item No.1: In Palani Registration District, Keeranur Sub-Registration District, Palani Taluk, in Marichilambu village, In survey SF No. 213/382, and extent of 2.18.0 hectares for this 5.38 acres with in the following boundaries: East of the Marichilambu vagarai Road South of: Property belonging to Mr. Murugasamy Gounder. West and South of the Land belongs to Messrs. Royal classic Mills pvt ltd North of the SF No.285 and 286 And the building Constructed thereon having assessment No. 1133, electricity service connection along with all other appurtenances there to and the right to us the Mamool roads to reach the property. Owner of the Property: Mr.S.Goutham. Item No.2: i) In Palani Registration District, Keeranur Sub-Registration District, Palani Taluk, in Marichilambu village, In SF No. 213/3B1, and extent of 1.07.0 hectares for this 2.64 acres within the following boundaries: East of: The Salai Poromboke West of The Land belongs to Muthusamy Gounder South of Land Thirumalaisamy North of: Land belongs to Mallan. ii) In S.F No. 214/3B2 and extent of 0.65.6 hectares for this 1.62 acres situated within the following boundaries: East of The Salai Poromboke South of The Land belongs to M/s. Royal Classic mills Pvt. Ltd West of: Land belongs to Muthusamy Gounder and North of: Land of Thirumalaisamy Gounder. The total extent of the properties mentioned in the item No.i) and ii) of the schedule herein are 4.26 acres and the right to use the Mamool roads to reach the properties. Owner of the Property:Mr. S.Goutham

State:Tamil Nadu

City:Palani

Area:Palani Taluk

Asset Category:Residential

Auction Description

This is an auction for a plot of land located in Palani Taluk, Palani, Tamil Nadu. The property is being auctioned by Union Bank of India and is part of a SARFAESI auction. The total land area is approximately 9.64 acres, divided into two items. Item 1 consists of 5.38 acres in SF No. 213/382, Marichilambu village, with specific boundaries mentioned. Item 2 includes two parcels totaling 4.26 acres, in SF No. 213/3B1 and SF No. 214/3B2, also in Marichilambu village, with their respective boundaries defined. The property is owned by Mr. S. Goutham, and the borrower is M/s. Classic Knits India Private Limited. The reserve price is 87,000,000.00 and the EMD is 8,700,000.00. The auction will be conducted by BAANKNET from the Stressed Assets Management Branch.

Borrower Name:M/s. Classic Knits India Private Limited

Auction Type:SARFAESI Auction

Contact Details

Contact Chief Manager: D Deepa Devi, Mob: 8056159406, Senior Manager: Mr. Balakrishna N, Mob. 9642743213

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