Plot for auction 1-and TK Periyasamy sold, Salem, Salem by Kotak Mahindra Bank

Property for Auction in Salem, Salem, Tamil Nadu

Property Type IconProperty Type:
Plot
Location IconLocation:
Salem, Salem
Auction Date IconAuction Date:
07-03-2025 03:00 PM

Auction Details

Auction ID:444200

Bank Name:Kotak Mahindra Bank

Branch Name:Registered Office: Mumbai

Reserve Price:16,27,90,000

EMD:1,62,79,000

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:06-03-2025 05:00 PM

Bid Start Date:07-03-2025 03:00 PM

Property Description

The property is a plot of land located in Salem District, Salem West Registration District, Salem Sub Registration District, Salem Corporation, F-Division, 4th Ward, Dadubai Kuttai. It consists of four separate items (Item I, II, III, and IV) with distinct boundaries and measurements, all situated within the same general area. The total extent of the land is 9508 Sq.ft., including a building with doors, windows, electricity, and water connections. The property benefits from common rights in a usual pathway. The boundaries for each item are detailed, specifying adjacent properties and roads like DD Road.

State:Tamil Nadu

City:Salem

Area:Salem

Asset Category:Residential

Auction Description

This is a SARFAESI Auction conducted by Kotak Mahindra Bank for a plot of land located in Salem, Tamil Nadu. The property comprises four items totaling 9508 sq.ft. of land with an existing building. The auction has a reserve price of INR 16,27,90,000.00 and an EMD of INR 1,62,79,000.00. The auction is scheduled for March 7, 2025, from 3:00 PM to 4:00 PM. The borrower is M/s. Sri Pusspam Textile Mill. Contact persons are Mr. Seshasrinivasan M at +91 9916855444 and Mr. Ramakrishnan S at +91 9841123344.

Borrower Name:M/s. Sri Pusspam Textile Mill

Auction Type:SARFAESI Auction

Contact Details

Contact by person Mr. Seshasrinivasan M, Mobile:-(+91 9916855444) or Ramakrishnan S, Mobile-(+91 9841123344).

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