Shop for auction 22 Thathaneri Villa, Thathaneri, Madurai by PNB

Property for Auction in Thathaneri, Madurai, Tamil Nadu

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Thathaneri, Madurai
Auction Date IconAuction Date:
26-02-2025 10:00 AM

Auction Details

Auction ID:441000

Bank Name:Punjab National Bank

Branch Name:SASTRA CENTRE CIRCLE OFFICE TRICHY

Reserve Price:1,62,51,000

EMD:16,25,100

Service Provider:BAANKNET

Important Dates

Submission Date:25-02-2025 05:00 PM

Bid Start Date:26-02-2025 10:00 AM

Property Description

Commercial Shop No.22, situated at Madurai District, Madurai North Registration District, Erstwhile Chokkikulam Sub Registration District, Now Vilangudi SRO, Madurai Town, Madurai North Taluk, Thathaneri Village, TNHB, Koodal Puthur Site and service scheme, Madurai TNUDP division. The property measures 378.00 sq.meter or 4069 Sq.ft. and is bounded by a 10 Meter Road to the North, a 12 Meter Road to the East, LIG II Plots to the South, and MIG Shops to the West. The property includes installed machineries on the ground floor (Flour Mill, Elevator, Sewing Machine) and second floor (Blender machine, Screw conveyor, Flour Cyclone units, Air Compressor).

State:Tamil Nadu

City:Madurai

Area:Thathaneri

Asset Category:Commercial

Auction Description

This is a SARFAESI Auction for a Commercial Property located in Thathaneri, Madurai, Tamil Nadu, conducted by Punjab National Bank. The property is Commercial Shop No. 22, measuring 378.00 sq.meter or 4069 Sq.ft. It is situated in the TNHB, Koodal Puthur Site and service scheme. The property is bounded by a 10 Meter Road to the North, a 12 Meter Road to the East, LIG II Plots to the South, and MIG Shops to the West. The auction includes various machineries installed on the ground and second floors, such as a Flour Mill machine, Elevator, Sewing Machine, Blender machine, Screw conveyor, Flour Cyclone units, and an Air Compressor. The Reserve Price is 16,251,000.00 and the EMD is 1,625,100.00. The auction will be held on 26-02-2025 from 10:00 AM to 04:00 PM.

Borrower Name:M/s. Sivajothi Traders

Auction Type:SARFAESI Auction

Contact Details

Phone no : 6431-2521165

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