Property for Auction in Arakonam, Vellore, Tamil Nadu
Auction ID:533436
Bank Name:Bank of Baroda
Branch Name:Zonal Stressed Asset Recovery Branch
Reserve Price:₹4,13,00,000
EMD:₹41,30,000
Service Provider:BAANKNET
Submission Date:05-08-2025 05:00 PM
Bid Start Date:06-08-2025 02:00 PM
Industrial plots in the name of SIDCO Industries Ltd and developed plot No 196. The plot is bounded by a road on the East and North, Plot No 21 on the West, and Plot No 197 on the South. It measures 250 feet in length on the east and west sides and 175 feet on the north and south sides, totaling 43750 square feet, and includes buildings and machinery. Latitude: 12.960143 & Longitude: 79.307792. Known encumbrances: Nil.
State:Tamil Nadu
City:Vellore
Area:Arakonam
Asset Category:Residential
This is a SARFAESI auction by Bank of Baroda for a plot of land located in Arakonam, Vellore, Tamil Nadu. The property is in the district of Vellore, registration district of Arakonam, circle of Walaja, in Walaja Nagar Karai Village, Survey No. 64(P), 66(P) and 83(P) and in a part of Walaja Nagar in VANAPADI Village, Survey No. 287. It comprises industrial plots in the name of SIDCO Industries Ltd and developed plot No 196. The plot is bounded by a road on the East and North, Plot No 21 on the West, and Plot No 197 on the South. It measures 250 feet in length on the east and west sides and 175 feet on the north and south sides, totaling 43750 square feet, and includes buildings and machinery. The reserve price is 41300000.00 and the EMD is 4130000.00. The auction will be conducted by BAANKNET. The auction start date is August 6, 2025, at 02:00 PM and ends on August 6, 2025, at 06:00 PM. Application submission deadline is August 5, 2025, at 05:00 PM.
Borrower Name:M/s. Pioneer Leder Tex Private Limited
Auction Type:SARFAESI Auction
Contact authorized officer Mr. Jitendra Kumar, Chief Manager, ZOSARB, Chennai. Mob. No.9110263878, TelNo.044-23454384/85