Punjab National Bank Industrial Land Auction in Gudiyatham, Vellore

Industrial Land with a factory building owned by Mr. M.R. Mahabaleswarappa, situated at Door No. 1/134, Mel Alathur road, Thalaiyatham village, Gudiyatham Taluk & Municipal Town, Vellore District. The land measures 41 cents (approx. 17860 sqft) and is located in SF No. 101/1A. The property is bounded by Mel Alathur road to the North, S.No. 64 & 101/3 & Panchayat overhead tank to the South, property of Shobana & Ravikumar to the East, and Houses / S.No. 63/1B to the West. It includes the oil mill factory building, its fixtures, electric connections, water connections, right of way, easements, and all appurtenances.

This is a SARFAESI auction conducted by Punjab National Bank for an industrial property located in Gudiyatham, Vellore, Tamil Nadu. The property features industrial land and a factory building, with a total land area of 41 cents (approximately 17860 sqft). The auction has a reserve price of 32,600,000.00 and an EMD of 3,260,000.00. The property is identified by Door No. 1/134 on Mel Alathur road in Thalaiyatham village. The auction will take place on March 28, 2025, from 11:00 AM to 4:00 PM. For further details, potential bidders can contact 0422-2231314 or 0422-2231345. The coordinates for the property are 12.938551, 78.869619.