Factory Land and Building at Thottipalayam, Tirupur.

Listing ID:2316918
Listing Type:Sarfaesi Auction
Institution:South Indian Bank
Institution Branch:Tirupur Avinashi Road
Contact Details:Contact The Authorized Officer : Mr Maharaja P 9600783631, Mr K Chakkaravarthy 9790556668
Auction Details:E-Auction
Borrower Name:Late Mr Balasubramanian V
Property Type:Commercial Property
Property Details:Land with Factory Building admeasuring 133 Cents
Schedule of Property:All that part and parcel of land admeasuring 133 cents (1.33 Acres) with Factory Building along with all improvements and usufructs thereon and with mamool rights of way and easmentary rights thereon in Survey No. 29, T.S.No. 66 of Thottipalayam Village, Tirupur Taluk & District owned by Mr. B. Muralidharan and Mr B. Vishnuprasanth more fully described in Registered Will Deed No 189/2003 dated 13.06.2003 and Maintenance right release deed No.6888/2011 dated 25.07.2011 of Tiruppur Joint I SRO and bounded as follows:

Boundaries of 133 cents in S.F No 29

South of Property of Mr K.C.Kumarasamy

North of Property of Mr.Kondasamy Gounder

West of S.F.No.38A

East of North-South Itteri
City/State:Tirupur
Inspection Details:For Inspection Contact The Authorized Officer : Mr Maharaja P 9600783631, Mr K Chakkaravarthy 9790556668
Possession Status:Symbolic Possession
Reserve Price:143200000
EMD:14320000
Minimum Increment:100000
DSC Required:No
Accept Reserve Price value as First Bid:No
Start Date and Time of Auction:30-07-2026 1:00 pm
End Date and Time of Auction:30-07-2026 2:00 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:29-07-2026 5:00 pm
EMD Submission Deadline:29-07-2026 5:00 pm
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