Listing ID : 508037
Institution : Indian Overseas Bank
Institution Branch : Gandhipuram Branch
Contact Details : Contact the Authorised Officer : 0422-2233498, In Working Hours Only.
Auction Details : E-Auction
Borrower Name : M/s. S R V Textiles
Property Type : House
Lot details : In Tirupur Registration District, Palladam Sub Registration District, Palladam Taluk,within the limits of Palladam Panchayat Union and Ganapathipalayam Village Panchayat, in Ganapathipalayam village, in S.F.No.611/1anextent of 37.64 acres assessd at Rs.21.08 now in sub division S.F.No.611/1A3 an extent of 25.92 acres assessed at Rs.14.51 in this an extent of 1.00 acre.
Schedule of Property : In Tirupur Registration District, Palladam Sub Registration District, Palladam Taluk,within the limits of Palladam Panchayat Union and Ganapathipalayam Village Panchayat, in Ganapathipalayam village, in S.F.No.611/1anextent of 37.64 acres assessd at Rs.21.08 now in sub division S.F.No.611/1A3 an extent of 25.92 acres assessed at Rs.14.51 in this an extent of 1.00 acre assessed at Rs.0.56 situated within the followingboundaries:-West and South of the property an extent of 1.77 ½ acres in the same S.F.No.611/1A3 belonged to the present title holder Mr.P.Sugumaran: East of the property in the same S.F.No.611/1A3 belonged to Nachimuthu Gounder and others: and North of east west road leading to Pethampalaym in S.F.No.611/3: and the building constructed thereon bearing Door Nos.4/320 and 4/320(2) electricity service connection Nos.032450041760 and 032450041811 and all other appurtenances thereto and the right to use the south north roads situated on the western extremity of the properties measuring an extent of 1.00 acre and an extent of 1.77 ½ acres in S.F.No.611/1A3 belonged to P.Sugumaran which emanating from the east west Pethampalayam Road in S.F.No.611/3 and other mamool roads to reach the property. The property is now situated in present sub division S.F.No.611/1A3F. *The same property has been pledged as security for another cash credit account M/s.Dharshanaa Sri Textiles 358633000000011, proprietor Mrs.S.Vanithamani w/o P.Sugumaran. On realization of securities , amount will be first adjusted to M/s.SRV Textiles and then to M/s.Dharshanaa Sri Textiles.
Inspection Details : For inspection details please Contact the Authorised Officer : 0422-2233498, Inspection Date and Time : All working days between 02.12.2019 to 30.12.2019 (during office hours).
Reserve Price : ₹ 1,32,00,000.00
EMD : ₹ 13,20,000.00
Minimum Increment : ₹ 25,000.00
Date and Time of Auction : 31-12-2019 12:00 PM
End Time of Auction : 31-12-2019 01:00 PM
Application Submission Deadline : 30-12-2019 05:00 PM
Time Extension : If a Bid is placed in the last 5 minutes of the auction the auction end time will be extended by 5 minutes.
English Sale Notice : Download English Sale Notice of Auction Listing ID - 508037

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