Property for Auction in Udumalpet,, Tiruppur, Tamil Nadu
Auction ID:534504
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹1,19,00,000
EMD:₹11,90,000
Service Provider:BAANKNET
Submission Date:22-07-2025 11:00 AM
Bid Start Date:22-07-2025 11:30 AM
The property is a plot of land measuring a total of 2.38 acres in Sangaramanallur North Village, Udumalpet Taluk, Tiruppur District, Tamil Nadu. It comprises several parcels detailed within S.F.No.362/1, S.F.No.362/18, and S.F.No.362/1A2. The property features industrial buildings and is situated along the North South Vayalur to Madathur Road. Specific boundaries are described in relation to properties owned by Venkatraman, Sri Sathyam Cotton and Synthetic Mills Private Limited, Maruvur Arasi Textiles India Pvt Ltd, and N Karthikeyan. The land falls within the Sangaramanallur Special Village Panchayat. The property includes rights for ingress and egress, electricity service connections and deposits, and all existing and future improvements. Door number 2/43-6-3, Gandhi street, Madathur, Udumalpet and property tax assessment number 2433 are associated with one part of the property. Patta pass book number 284326 is associated with another part.
State:Tamil Nadu
City:Tiruppur
Area:Udumalpet,
Asset Category:Residential
This is a SARFAESI auction conducted by Canara Bank for a plot of land located in Sangaramanallur North Village, Udumalpet Taluk, Tiruppur District, Tamil Nadu. The property is described across multiple survey numbers (S.F.No.362/1, S.F.No.362/18, S.F.No.362/1A2) totaling approximately 2.38 acres. The land includes industrial buildings and has boundaries with properties belonging to Venkatraman, Venkatraman, Sri Sathyam Cotton and Synthetic Mills Private Limited, Maruvur Arasi Textiles India Pvt Ltd, and N Karthikeyan. It is situated along the Vayalur to Madathur Road and falls within the Sangaramanallur Special Village Panchayat limits. The property includes electricity connections and deposits, and all existing and future improvements. The auction also includes rights of ingress and egress. The borrower is M/s. Maruvur Arasi Textiles (India) Private Limited. The auction is scheduled for July 22, 2025, from 11:30 AM to 12:30 PM.
Borrower Name:M/s. Maruvur Arasi Textiles (India) Private Limited
Auction Type:SARFAESI Auction
Contact (Ph. No. 0422-2555655, Mob No: 94890 43584/98407 82169)