Shop for auction 2 Savari Nagar, Oulgaret, Puducherry by Karur Vysya Bank

Property for Auction in Oulgaret, Puducherry, Puducherry

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Oulgaret, Puducherry
Auction Date IconAuction Date:
07-03-2025 03:00 PM

Auction Details

Auction ID:452160

Bank Name:Karur Vysya Bank

Branch Name:Asset Recovery Branch

Reserve Price:1,50,00,000

EMD:15,00,000

Service Provider:matex.net

Important Dates

Submission Date:06-03-2025 05:00 PM

Bid Start Date:07-03-2025 03:00 PM

Property Description

The property for auction is identified as Commercial Land and Building situated at R.S.No.1/6, Cad. No.665 14, 855 2/2, 654/1, 652 Bis and R.S. No.4/4, R.S.No. 1/6, Cad No. 655%, 655 2/2, 654 bis and R.S.No. 4/4, Cad No. 652 pt D.No.31, 4th Cross Street, Savari Nagar, Dharmapuri, Oulgaret Rev Village, Oulgaret, Puducherry-605013. The total land area is 12672 sq.ft. The boundaries for Item No.I are: East by Remaining Land of Thiruvarangam and Barathan, West by Vaikal and Nanja Land comprised in R.S.No.1/6 to an extent of 11 Kuzhies, North by Remaining Land of Thiruvarangam and Barathan, and South by Pathway. The boundaries for Item No.II are: East by Remaining Land of Thiruvarangam and Barathan, West by Muthuraman's Land, North by Remaining Land of Thiruvarangam and Barathan, and South by Valliammal's Land. The property includes all customary pathways and easementary rights.

State:Puducherry

City:Puducherry

Area:Oulgaret

Asset Category:Commercial

Auction Description

This is a SARFAESI Auction for a Commercial Property located in Oulgaret, Puducherry, presented by Karur Vysya Bank. The property consists of Commercial Land and Building with a total land area of 12672 sq.ft. The auction has a reserve price of 15,000,000.00 and an Earnest Money Deposit (EMD) of 1,500,000.00. The auction will be held on March 7, 2025, from 3:00 PM to 4:00 PM. The property is situated at D.No.31, 4th Cross Street, Savari Nagar, Oulgaret Rev Village, Oulgaret, Puducherry-605013.

Borrower Name:Sri Anand

Auction Type:SARFAESI Auction

Contact Details

Contact Person & Ph.No: Chief Manager-89398 69789, 99426 06507 Gen Ph Nos. 044-2835 9331/33 e-Mail: arbchennai@kvbmail.com

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