Factory at Tirupur Registration District Pollachi Taluk, Pilchinnampalayam Village

Listing ID:2309492
Listing Type:Sarfaesi Auction
Institution:JM Financial Asset Reconstruction Company Limited
Institution Branch:Prabhadevi, Mumbai
Contact Details:Contact The Authorized Officer: Vaibhav Shetty 022-62241807
Auction Details:E-Auction
Borrower Name:VTX Industries Limited
Property Type:Other
Property Details:Factory Land and Building and Residential Land
Schedule of Property:Lot 2 : Item No. 1: Land at Tirupur Registration District, Pollachi Sub Registration District, Pollachi Taluk, Pilchinnampalayam Village, Pollachi Taluk, Coimbatore District, Extent of land 7.80 acres, Factory Building 120950 sq. ft. situated in:
1. SF No. 49/1 to the extent of 1.44 acres bounded by:- East of the lands in SF Nos. 50/1A and 2A, South: Ponnachiyoor Subbegounder and Mylathal's land, North: Marimuthu Gounder's land and East West Cart track, West: North South Cart Track AND
2. SF No. 50/1A to the extent of 3.38 Acres bounded by- East: SF No.51, South: Ponnachiyoor Subbegounder and Kaliappa Gounder and Dhanalaxmi's land, North: land belonging to Marimuthu Gounder son of Palani Gounder and East West Cart track, West: the land in SF No.49/1
.3. SF No. 51/1 to the extent of 2.98 acres. East of Pollachi to valpari main road, South of Ponnachiyoor Kallappa Gounder and dhanlakshmi's Land, west of the lands in SF No. 50/1A and 2 A, North of Palanigounder's son Mr. Marimuthu Gounder's land and east west cart Track. Therefore, a total extent of 7.80 acres of land. Excluding an extent of 10 cents provided as the East-West cart track, the remaining 7.70 acres of land, together with the right to use the well in S.F. No. 49/1, Electricity Service Connection No. 90, its deposit, 5 H.P. electric motor pump set, and common rights in the PA.P. Vaikkal water and other common rights
City/State:Tirupur
Inspection Details:Inspection Date and Time July 17th, 2026 at 1:00pm - July 17th, 2026 at 3:00pm
Possession Status:---
Reserve Price:92800000
EMD:9200000
Minimum Increment:500000
DSC Required:No
Accept Reserve Price value as First Bid:No
Start Date and Time of Auction:13-08-2026 11:00 am
End Date and Time of Auction:13-08-2026 12:00 pm
Time Extensions:If bid is placed in the last 5 minutes of auction, The auction end time will increase by 5 minutes.
Application Submission Deadline:12-08-2026 5:00 pm
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