Land and Building at Erode.

Listing ID:2378339
Listing Type:Sarfaesi Auction
Institution:Karur Vysya Bank Ltd
Institution Branch:Palayamkottai
Contact Details:Contact The Authorized Officer : 95855 95881, 99421 48790, 8925982893
Auction Details:E-Auction
Borrower Name:M/s Aura Motors
Property Type:Land & Building
Property Details:extent of 1667 sq.ft., of property with terraced house building
Schedule of Property:SCHEDULE-B: (Details of the mortgaged property of A.M. Shanmugam): Property No.2: Erode District, Erode Registration District, Erode Sub Registration District, Erode Taluk, Erode Town, previously Municipal Ward -12, presently Municipal Ward -14, Akilmedu Street, Old T.S.No.273/2, in this layout had been approved by the Director of Town Planning. Madras and Erode Municipal Commissioner under approval No.TP/DTP/5/58, in this Site No. 12, in this portion of schedule property Bounded by: East of Site No. 11 belonging to Eswaramoorthy, West of 4.6 feet width North-South pathway, North of 40 feet width East-West Akilmedu Street-4, South of property belonging to Gurunathan. Admeasuring, East-West on both sides 27.0 feet, North-South on both sides 61.9 feet. Within the said measurements an extent of 1667 sq.ft., of property with terraced house building and all other appurtenances thereon and rights to use the common roads etc., The schedule property is presently situated within the limits of Erode City Municipal Corporation, T.S.No.55 part, Block No. 16. New Ward A, Akilmedu Street-4 and D.No.15.
City/State:Erode
Inspection Details:August 29th, 2026 at 11:00am - September 29th, 2026 at 5:00pm
Possession Status:---
Reserve Price:18000000
EMD:1800000
Minimum Increment:500000
DSC Required:No
Accept Reserve Price value as First Bid:No
Start Date and Time of Auction:30-09-2026 11:00 am
End Date and Time of Auction:30-09-2026 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:29-09-2026 5:00 pm
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