Borrower Name

M/s. Stag Fibres

Bank Name

Karnataka Bank

Property Type

land & building

Location

Description of the Immovable property: Industrial Property (Land & Building): All that part and parcel of the land totally measuring 2579 1/2 Sq. ft. (1225 Sq. Ft of land comprised in T.S.No.46/2, 46/4, Old T.S.No.1151A,1150/B/B1 + 1354 1/2 Sq.Ft of land comprised in Survey No.46/13B) with M.Tiled Roof and A.C.Sheet Roof Building constructed thereon bearing Door 20/19/9 situated at Venkatappa Chettiar Road, Ward-D. Block-20, Shevapet, Salem WestJoint-IIISRO,Salem Taluk & District belonging to Thangavel K and Mrs. BhuvaneshwariT. Boundaries of the land measuring 1225Sq. East Dr.M.R.Srinivasan property: West of: 20 feet wide North-South Road North of: 10 feet wide East West passage; South of: Seetha and Vasantha's Vacant Land. Boundaries of the land measuring 1354 1/2 Sq.ft (As per Deed): East of: 20 feet wide North-south Road: West of: Common Passage: North of: R.Bharathi and S.Kalavathy's property; South of: M.R.Dhamodaran's Vacant Land. Latitude: 12.657863 N Longitude: 78.153091 E (Constructive Possession- 20.09.2019 16.06.2020)

Area

1225 sq. ft

Possession

Constructive

Locality

Thudiyalur, Salem

City

Salem

Reserve Price

1,29,30,000

Reserve Price (per Sq Ft)

10,555 per Sq Ft

Emd Amount

12,93,000

Bid Increment

25,000

EMD submission

Wed, 16 Aug 2023 04:00 PM

Auction Start Date & Time

Thu, 17 Aug 2023 11:30 AM
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Auction End Date & Time

Thu, 17 Aug 2023 12:00 PM

Bank Contact Details

Authorized Officer: : 0427- 2447765/ Mobile: 9442244776 (BM), 9442556631 (ABM)

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