Borrower Name

M/s GVC Shanmuga

Bank Name

Indian Bank

Property Type

godowns

Location

Item No.1: All that piece and parcel of the vacant land measuring 73% Cents out of Acre 2.95 Cents comprised in S No 19/28 situated at Palavoyal Village previously Madhavaram Taluk presently Ponneri Taluk Thiruvallur District within the Registration District of North Channai and Sub Registration District of Redhills Bounded on the - North : Property belongs to Mr. Ramamurthy and Mr Gopal South Remaining property in S No 19/282 East Property belongs to Mr. D Ramesh and Mr. 0 Gopi West Remaining property in S No 19282 Item No II All that piece and parcel of the vacant land measuring 73 % Cents out of Acre 2.95 Cents, comprised in S No 19/2B situated at Palavoyal Village previously Madhavaram Taluk presently Ponner Taluk Thiruvailur District within the Registration District of North Cherinai and Sub Registration District of Redhils Bounded on the . North Property belongs to Mr. Ramamurthy and Mr. Gopal South Property belongs to Mr Gop in S No 19/2B2 measuring 43 % Cents East Remaining property in 8 No.19/2B2 West TMGS Company and Property belongs to Mr. P. Mukundan Item Number I and II total measuring Acre 1.47 % Cents SCHEDULE B PROPERTY : All that piece and parcel of the vacant land measuring 66.35 Cents out of Acre 1.34 % Cents out of Acre 1.47 % Cents out of Acre 2.95 Cents (after reserved for common passage measuring 13 % Cents out of Acre 1.47 % Cents . Acre 1.34 % Cents) comprised in No 19/28 as per Sub Division S No 19/282 together with Rice MII Par Boiling Unit and Machinery situated at Palavoyal Vilage previously Madhavaiam Taluk presently Penneri Taluk Thiruvalur District within the Registration District of North Chennai and Sub Registration District of Redhills Bounded on the - North Common passage South Property belongs to Mr D Gopi (8 No 19/282) and common canal belongs to Mr D Ramesh and Mr. D Gop East : Remaining property belongs to Mr D Ramesh West TMGS Company and Property belongs to Mr P Mukundan Measuring on the - North 176 feet 3 inches South 177 feet 9 inches East 177 feet 0 inches West 150 feet 3 inches in at measuring 66.35 Cents Hypothecated Assets - Machinery and Equipments installed at Rice MI located at M/s GVC Shanmuga Rice MB No 3/52 A Sothupakkam Road Palavayal Redhilis Chennai - 500 052 valued for $1.46.02.000/- (Rupees One crore forty six lakhs and two thousand only)

Area

2.95 Cents

Possession

Symbolic

Locality

Palavoyal, Tiruvallur

City

Tiruvallur

Reserve Price

8,70,00,000

Emd Amount

50,00,000

Bid Increment

10,000

Auction Start Date & Time

Wed, 21 Aug 2024 11:00 AM
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Auction End Date & Time

Wed, 21 Aug 2024 04:00 PM

Inspection Date & Time

13-08-2024 to 14-08-2024 10:00 AM to 4:00 PM

Contact Details for Support

Telephone No : 044 2521 8316 / 2521 8315

EAuction Website

Indian Bank