Property for Auction in Perundurai, Erode, Tamil Nadu
Auction ID:534899
Bank Name:Union Bank of India
Branch Name:ASSET RECOVERY BRANCH, COIMBATORE
Reserve Price:₹75,00,000
EMD:₹7,50,000
Service Provider:BAANKNET
Submission Date:13-08-2025 05:00 PM
Bid Start Date:14-08-2025 12:00 PM
The property is a leasehold plot of land, specifically Plot No. S-35, situated within the SIPCOT Industrial Growth Centre in Perundurai, Erode, Tamil Nadu. It covers an area of 1.08 acres, with leasehold rights granted by SIPCOT for a term of 99 years as per a lease deed dated 23-05-2013. The boundaries are defined as: North by SIPCOT Road, South by Plot No. S-34, East by SIPCOT Road, and West by Plot No. S-15. The dimensions are: East to West on the North: 96.80 M, East to West on the South: 90.00 M, North to South on the East: 67.45 M, and North to South on the West: 24.87 M. The property is located in Ingur Village, Perundurai Taluk, within the Erode Revenue District.
State:Tamil Nadu
City:Erode
Area:Perundurai
Asset Category:Residential
This is a SARFAESI Auction conducted by Union Bank of India for a leasehold plot of land located in the SIPCOT Industrial Growth Centre, Perundurai, Erode, Tamil Nadu. The plot measures 1.08 acres and has leasehold rights for 99 years from 23-05-2013. The property is bordered by SIPCOT Road to the north and east, Plot No. S-34 to the south, and Plot No. S-15 to the west. The auction will take place on 14-08-2025 from 12:00 PM to 5:00 PM. The reserve price is 7,500,000.00 and the EMD is 750,000.00.
Borrower Name:M/s.S J N Manufacturing and Services P Ltd
Auction Type:SARFAESI Auction
Mr. Bimal Sukumar.A Chief Manager Mobile No : 9769479168 Asset Recovery Branch Coimbatore