Property for Auction in Nallipalayam, Namakkal, Tamil Nadu
Auction ID:438290
Bank Name:DBS Bank India Limited
Branch Name:Regional Office
Reserve Price:₹1,05,00,000
EMD:₹10,50,000
Service Provider:bankauctions.in
Submission Date:12-03-2025 05:00 PM
Bid Start Date:13-03-2025 11:30 AM
The property is a residential plot located in Nallipalayam, Namakkal, Tamil Nadu. It consists of Plot Nos 52 & 53, with a total area of 3000 sq. ft. The plot dimensions are 60 feet in the East-West direction and 50 feet in the North-South direction. The property is situated within the Muthalaipatti Panchayat limits. It is bordered by a pathway to the north and east, and by other plots to the south and west.
State:Tamil Nadu
City:Namakkal
Area:Nallipalayam
Asset Category:Residential
This is a SARFAESI Auction conducted by DBS Bank India Limited for a residential plot in Nallipalayam, Namakkal, Tamil Nadu. The property is identified as Plot Nos 52 & 53, located at Muthalaipatti Village, Old SF. No. 295/3A1 and 295/261, New SF. No. 295/281A. The plot measures 60 feet (East-West) by 50 feet (North-South), totaling 3000 sq. ft. It has boundaries to the North by a 23 feet width East-West pathway, to the South by Plot No. 46 and 47, to the East by a 25 feet width North-South pathway, and to the West by Plot No. 54. The auction has a reserve price of INR 10,500,000.00 and an Earnest Money Deposit (EMD) of INR 1,050,000.00. The auction is scheduled to take place on March 13, 2025, from 11:30 AM to 01:30 PM. The borrower is M/s. Sathyam Agencies.
Borrower Name:M/s. Sathyam Agencies
Auction Type:SARFAESI Auction
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