Plot for auction 2 Karaikudi, Karaikudi Municipal Town, Karaikudi by PNB

The property is an immovable asset situated in Karaikudi Registration District, within the limits of Sub-Registrar Joint No.2, Karaikudi. It falls within Karaikudi Municipal Town Survey Ward 3, Survey Block 42, Assessment Ward 19, Illupakudi Hamlet, Railway Road (also known as Palaniappa Arch Street). The plot is approved by the Director of Town and Country Planning, Chennai (ass.1471/1991) and the Commissioner, Karaikudi Municipality. Item No. 1: Located at T.S.No. 425/1A Part, presently subdivided as T.S.No.425/1, measuring approximately 2445.75 Sq.Ft (227.20 Sq.Mtr). Its boundaries are: North: Item No.2, South: Railway Road (East-West Road), East: T.S.No 452/2 (Purchased by C.T.Natarajan), and West: Property of Illupakkudi Devasthanam. This item includes a building bearing Door No.12, Palaniappa Arch Street, with Old Property Tax Assessment NO.111/18025 and New Assessment No.111/019/02143. Item No. 2: Located at T.S.No.425/1a, Part, presently subdivided as T.S.No. 425/1. Its measurements are approximately 65 ft 9 inches (North-South) and 44 ft (East-West on North) and 42 ft 6 inches (East-West on South), totaling about 2843.69 Sq.Ft (264.19 Sq Mtr). Its boundaries are: North: Property Sold By Perumal, East: T.S. No 425/2 (Purchased By C.T.Natarajan), West: Property of Illupakkudi Devasthanam, and South: Property Purchased From Pramanantham (Item No.1 herein and Pathway).

This is a SARFAESI Auction for a plot of land located in Karaikudi Taluk, Karaikudi, Tamil Nadu, offered by Punjab National Bank. The property, previously owned by M/s.Udaya Silk Textile Readymades, is a residential plot measuring approximately 2445.75 sq.ft. (Item 1) and 2843.69 sq.ft. (Item 2). The auction will be conducted on March 6, 2025, from 10:00 AM to 4:00 PM. The reserve price is INR 8,308,000.00 and the Earnest Money Deposit (EMD) is INR 830,800.00. For inquiries, contact 0431-2521165.