House in Veerappan Chatram, Erode Tamilnad Mercantile Bank Tamilnad Mercantile Bank

2,81,00,000

    Borrower Name
    Mr.K.M.Panneerselvam and Mr M Sakthivel
    Bank Name
    Tamilnad Mercantile Bank
    Property Type
    house
    Location
    Allthe piece and parcel of land to the extent of 10925 sq.ft situated at Old SF No.91 & 92 C. New Re Survey No. 88/5, 92/2, 92/3, as per Natham Survey No.88/7 1508/15, 1508/25, 1508/26, and building constructed there at bearing Door No.73 & 74(Old Door No.27 & 27A), Ward No. .10, Thirumalai Street Anna Street, Veerappan Chatram, Erode Corporation, Erode Taluk and District standing in the name of Mr.M.P.Sakthivel, S/oK.M.Panneerselvam. Boundaries of the site North : House belongs to Mr.Kannukutti Navithan, Mr.Nachimuthu & Brother and House belongs to Mr.Raju Vagaiyara, South Mr.Guruvannan Kandiyar@ Mr. Muthusamy Pillai Vagaira property, East Before Kammalangkattu Street now Anna Streeet, West : South North Periya Kuttai Street @ Thirumalai Street. Total Extent: Land to the extent of 10925sq. ft. The property is situated within the Registration District of Erode and in the Sub Registration District of Erode. Note: The above mentioned properties are common collateral for the credit limits availed by M/s Vibilesh Fabrics (Overdraft Account No.036700050900524- Rs.215.00 lakh, balance o/s as on 28.02.2023 is Rs.3,05,14,504.97 Overdraft Account No.036700050900782-Rs.25.00 lakhs, balance o/s as on 28.02.2023 is Rs.34,95,947.00 Term loan a/c no.036700480101265-Rs.43.00 lakh balance o/s as on 28.02.2023 is Rs. 48,39,510.63 and Term loan a/c no.036700480101287 Rs.14,27,398.00 balance o/s as on 28.02.2023 is Rs.11,78,152.30)
    Area
    10925 Sq Ft
    Possession
    Symbolic
    Locality
    Veerappan Chatram, Erode
    City
    Erode
    Reserve Price
    2,81,00,000
    Emd Amount
    28,10,000
    Auction Start Date & Time
    Mon, 20 Mar 2023 04:00 PM
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    Bank Contact Details
    Authorised Officer : 98422 58477 / 98428 35635 / Phone : 0424-2256502 / 0424-2255834
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