Shop for auction 7 Panurti Villa, Panruti, Cuddalore by Karur Vysya Bank

Property for Auction in Panruti, Cuddalore, Tamil Nadu

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Panruti, Cuddalore
Auction Date IconAuction Date:
30-06-2025 03:00 PM

Auction Details

Auction ID:522332

Bank Name:Karur Vysya Bank

Branch Name:ASSET RECOVERY BRANCH , CHENNAI

Reserve Price:10,50,00,000

EMD:1,05,00,000

Service Provider:Public Auction

Important Dates

Submission Date:27-06-2025 05:00 PM

Bid Start Date:30-06-2025 03:00 PM

Property Description

The property is a Commercial Land and Building located at Rajaji Street, Panruti Village, Panruti Taluk, Panruti Sub Registrar, Cuddalore District, Tamil Nadu. The total plinth area is 34,457.50 Sq.ft, and it is situated on a land extent of 8,215 Sq.ft. The property is comprised of three parts: Part 1: Ward A, Block 51, T.S. No. 30,31, Natham Survey No. 618/7, Door No. 30,31, with a total extent of 2930 Sq.ft. Boundaries: South of PSR Sathyamoorthy Property, North of Sembadavar Street, East of Gunasekaran and Rajalakshmi Property, West of Ramasamy Chettiars Buildings. Part 2: Ward A, Block 51, T.S.No. 30,31, Natham Survey No. 618/7, Door No. 30,31, with a total extent of 3624 Sq.ft. Boundaries: South of PSR Sathyamoorthy Property and Rajaji Road, North of PSR Sathyamoorthy Property and Pavunambal Property, East of Gunasekaran and Rajalakshmi Property, West of Ramasamy Chettiars Building. Part 3: Ward A, Block 51, T.S.No. 30,31, Natham Survey No. 61A/14, Door No. 30,31, with a total extent of 1661 Sq.ft. Boundaries: South of PSR Sathyamoorthy Property, North of Sembadavar Street, East of Gunasekaran and Rajalakshmi Property, West of Ramasamy Chettiars Building.

State:Tamil Nadu

City:Cuddalore

Area:Panruti

Asset Category:Commercial

Auction Description

This is a SARFAESI Auction conducted by Karur Vysya Bank for a Commercial Property located in Panruti, Cuddalore District, Tamil Nadu. The property includes commercial land and a building with a total plinth area of 34,457.50 Sq.ft situated on 8,215 Sq.ft of land. The auction has a reserve price of 10,50,00,000.00 and an EMD of 1,05,00,000.00. The auction will take place on 30-06-2025 from 03:00 PM to 04:00 PM. The property is described in three parts with specific survey numbers and boundaries. The Asset Recovery Branch in Chennai is handling this auction.

Borrower Name:M/s Sri Ranga Jewellers Pvt Ltd

Auction Type:SARFAESI Auction

Contact Details

General Manager-89398 69789, 9942606507 Gen Ph Nos. 044-2835 9331/33

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