Property for Auction in Panruti, Cuddalore, Tamil Nadu
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
Submission Date:27-06-2025 05:00 PM
Bid Start Date:30-06-2025 03:00 PM
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
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
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