Property for Auction in bahour, Puducherry, Puducherry
Auction ID:465454
Bank Name:Indian Overseas Bank
Branch Name:Chennai
Reserve Price:₹6,88,27,000
EMD:₹68,82,700
Service Provider:BAANKNET
Submission Date:25-03-2025 10:00 AM
Bid Start Date:25-03-2025 12:00 PM
The property is a commercial asset located in Bahour, Puducherry, under the purview of Indian Overseas Bank. It comprises several plots identified by Cadastre and R.S. numbers within Sooramangalm village, Kariamanickam R.V. The total extent of the site across the four items is substantial, featuring a Rice Mill Shed (Shed I and Shed II with various constructions like lean-to roofs, mezzanine floors, and first floors) and a Dal Mill Shed (Shed II with similar construction details). The property is situated within Nettapakkam Commune Panchayat limits and Bahour Sub-RD. The ownership is noted to be with Mr. A. Selvarangam and Mr. S. Aravinthan (Partners of ASR Rice Industries) for most plots, and Mrs. Reriagadevi (partner of ASR Rice & Dal Mill) for one plot. The combined extent of the site across the four items is 86450 Sq. Ft. + 87120 Sq.Ft. + 28750 Sq.Ft. + 21780 Sq.Ft. The property boundaries are detailed, with adjacent lands belonging to the owners, other settlers, and specific survey numbers. The auction is for all four items sold as a single lot.
State:Puducherry
City:Puducherry
Area:bahour
Asset Category:Commercial
Indian Overseas Bank is conducting a SARFAESI auction for a commercial property located in Bahour, Puducherry. The property, previously owned by M/s ASR Rice Industries, consists of multiple plots totaling a significant area, with structures including rice mill sheds and a dal mill shed. The auction is scheduled for March 25, 2025, with a reserve price of 68,827,000.00.
Borrower Name:M/s ASR Rice Industries
Auction Type:SARFAESI Auction
Contact Person: Mr.Abhay Kardam Mob: 87553 64735