Borrower Name

M/s. Bharathi Vidhyalaya Educational Trust

Bank Name

IndusInd Bank

Property Type

land and building

Location

1. Exclusive Mortgage on land of 14.60 acres (1.96 acres is owned by Trust and 12.64 acres is owned by Trustee) and buildings at “Bharathi Vidhyalaya CBSE School & Bharathi Vidhyalaya Matriculation Higher Secondary School” at Old S.F.No.242 & New S.F.Nos.112/2A, 112/2B, 111/2A2, Vellalapalayam Village, Gobichettipalayam Taluk, Erode, Tamil Nadu - 638476 and bounded by: North: Private Property / State Highway-15 South: Private Property East: Private Property West: Nehru Street 2. Commercial land admeasuring 0.44 acres located at New S.F. Nos.112/1 & 112/2, Vellalapalayam Village, Gobichettipalayam Taluk, Erode, Tamil Nadu – 638476, belonging to Mr. P.R. Velumani and bounded by: North: Property belonging to Bhagyalakshmi & Parimala Devi South: Property belonging to Velumani, Bhagyalakshmi & Others East: Common pathway belonging to Bhagyalakshmi & Others West: Property belonging to Parimala Devi (to be sold together)

Area

14.60 acres

Possession

Symbolic

Locality

Gobichettipalayam, Erode

City

Erode

Reserve Price

1,17,57,00,000

Emd Amount

11,75,70,000

Bid Increment

5,00,000

EMD submission

Tue, 18 Jun 2024 04:00 PM

Auction Start Date & Time

Wed, 19 Jun 2024 11:00 AM
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Auction End Date & Time

Wed, 19 Jun 2024 12:00 PM

Contact Details for Support

Phone No : 9449875680

EAuction Website

https://www.bankeauctions.com