Property for Auction in Bodinaickenpatty, Salem, Tamil Nadu
Auction ID:546230
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹97,20,000
EMD:₹9,72,000
Service Provider:Public Auction
Submission Date:29-08-2025 03:00 PM
Bid Start Date:29-08-2025 11:00 AM
The property is a plot of land measuring 1200 sq ft with a building on it, located in Bodinaickenpatty village, Salem Taluk, Salem sub RD., Salem R.D. It falls under Survey number 16/5 Punja, with an extent of 0.71 acres. The property is bounded by the land of P. Krishnamurthi to the West, the plot land of Periannan to the East, a 10 feet wide common road to the South, and the house of Sindhu alias Parvathiammal to the North. The property also includes a common half share in a well and rights to draw water from a well in Survey Number 16/4, along with a right of way for ingress and egress via the 10 feet wide road. The property is situated within the limits of Souramangalam Municipality, now Salem Corporation.
State:Tamil Nadu
City:Salem
Area:Bodinaickenpatty
Asset Category:Residential
Punjab National Bank is auctioning a residential plot in Bodinaickenpatty, Salem, Tamil Nadu. The property is located in Survey number 16/5 Punja, measuring 1200 sq ft, with a building constructed on it. It includes a share in a well and rights to water from a well in Survey Number 16/4. The property has access via a 10-foot wide road. The auction is conducted under SARFAESI Act by Public Auction. The reserve price is 97,20,000 and the EMD is 9,72,000. The auction starts on August 29, 2025, at 11:00 AM and ends at 04:00 PM on the same day. The property belongs to Shri K.M. Raj Kumar and Shri K.M. Suresh Kumar (Legal heirs of Shri.K.K. Muthusamy (Late)).
Borrower Name:Shri K.M.Suresh Kumar
Auction Type:SARFAESI Auction
M No: 0422-2231314, 0422-2231345