Borrower Name

M/s Sri Kadeswara Textiles

Bank Name

Bank of India

Property Type

factory land and building

Location

Description of the property: Factory Land and building, Residence & vacant land in the name of Mr. R Nachimuthu located at Tirupur RD. Palladam SRD, previously Palladam Tk, now Sulur Tk, Jallipatti Village, in S.F. No 118/1, 118/2. Total land measuring for an extent of 1.6925 Acres. In this, Item 1: In S.F No 118/1, an extent measuring 66 cents together with right to use the common roads and cart tracks and with other customary rights Boundaries: South of : Extent measuring 35 cents belonging to Venkatachalam, North of : Properties of Arumuga Gounder, West of : Extent measuring 1.83-3/8 in S.F.No 118/2, East of : Lands in S.F.No.117 Again in the same village, S.F No 118/2, extent measuring 1.84 acres with the following boundaries. South of : Extent measuring 16-5/8 cents belonging to Venkatachalam, North of : Lands in S.F.No. 107/1, East of : Properties of ArumugaGounder, extent measuring 66 cents mentioned above, West of : Udumalai to Palladam road. Item 2: In S.FNo 118/1, an extent measuring 35 cents together with right to use the common roads and cart tracks and with other customary rights. Boundaries: North of : Extent measuring 66 cents belonging to Govindasamy & others, West of : Palladam-Udumalai road, East of : Properties of Malayappa Gounder, South of : Other properties of Venkatachala gounder. In the above said extent of 1.84 acres in S.F No 118/2, the title holder Nachimuthu totally conveyed 1.14 3/4 acres to various third parties as per sale deed doc no 348/2000, 2403/2003, 6473/2005, 4061/2007. Thus deducting the extent conveyed the remaining properties available in S.F No 118/2 calculate to 68 1/4 cents. Boundaries for extent measuring 68 1/4 cents: West of : PalladamUdumalai road, North of : Odai (stream), East of: Lands in S.F.No. 118/1C, South of : Properties of Nataraj in S.F No118/2B2A. To conclude S.F No 118/2 extent measures 0.68 1/4 acres: S.F No 118/1 extent measures 1.01 acres (66+35). Thus toal extent measures 1.69 1/4 acres.

Area

1.6925 Acres

Possession

Constructive

Locality

Sulur, Tirupur

City

Tirupur

Reserve Price

1,40,30,000

Emd Amount

14,03,000

Bid Increment

50,000

Auction Start Date & Time

Fri, 09 Feb 2024 11:00 AM
Add To Calendar

Auction End Date & Time

Fri, 09 Feb 2024 05:00 PM

Contact Details for Support

Phone No : (0422) 2397221 & 2383074, e-mail: ARD.Coimbatore@bankofindia.co.in

EAuction Website

Bank of India