Indian Overseas Bank Auctions for Residential property in Namakkal, Tamil Nadu

E562944
Namakkal, Tamil Nadu
Plot
Ellandaikuttai
Vacant land with extent of 18041 Sq. Ft. at Pymash No. 187 (Pacharsanthar Boomi), Door No.4, 447/1, 4, 447/2 to 5, SF No. 168/3, R S No. 168/3B2, Ward No.2, Kumaran Nagar, Opposite to Jayalakshmi Theatre, Pallipalayam to Kumarapalayam Main Road, Kumarapalayam Taluk, Namakkal-638008, in the name of Mr. M P Sakthivel, S/o Mr. K M Panneerselvam and Mrs. R Subha, W/o Mr. K M Panneerselvam. Item:1: Property belongs to Mr. M P Sakthivel An extent of 8485 Sq. FT. of land situate within the following boundaries: North of: 30 Links width east-west cart track East of : Property belongs to Mrs. R Subha South of: Orakuli Kadu West of : Property belongs to Mrs. P Rajamani Measuring East west on the North side 67’8’’ East west on the South side 70’6’’ North south on the east side 115’ North south on the west side 130’6’’ Item:2: Property belongs to Mrs. R Subha An extent of 9556 Sq. FT. of land situate within the following boundaries: North of: 30 Links width east-west cart track East of : Mrs. Rajamani property South of: Orakuli Kadu West of : Property belongs to Mr. M P Sakthivel Measuring East west on the North side 67’8’’ East west on the South side 70’6’’ North south on the east side 130’6 North south on the west side 146’ The item No. 1 & 2 property totally to the extent of 18041 Sq. Ft. with entire super structures therein with accessories situated within ward no. 4 of Pallipalayam Agraharam Village Panchayat bearing Door No.4-447, 4-447/2, 3, 4, 5, 6, 7 & 8.
Reserved Price
₹ 4,16,00,000
Service Provider
baanknet
Auction Start Date
26-05-2026
Bank Name
Indian Overseas Bank
Ownership Type
Freehold
Possession Type
Symbolic
Title Deed Type
Registered Sale Deed
Branch Name
SPECIALISED ARM BRANCH, COIMBATORE-1551
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About Property

Vacant land with extent of 18041 Sq. Ft. at Pymash No. 187 (Pacharsanthar Boomi), Door No.4, 447/1, 4, 447/2 to 5, SF No. 168/3, R S No. 168/3B2, Ward No.2, Kumaran Nagar, Opposite to Jayalakshmi Theatre, Pallipalayam to Kumarapalayam Main Road, Kumarapalayam Taluk, Namakkal-638008, in the name of Mr. M P Sakthivel, S/o Mr. K M Panneerselvam and Mrs. R Subha, W/o Mr. K M Panneerselvam. Item:1: Property belongs to Mr. M P Sakthivel An extent of 8485 Sq. FT. of land situate within the following boundaries: North of: 30 Links width east-west cart track East of : Property belongs to Mrs. R Subha South of: Orakuli Kadu West of : Property belongs to Mrs. P Rajamani Measuring East west on the North side 67’8’’ East west on the South side 70’6’’ North south on the east side 115’ North south on the west side 130’6’’ Item:2: Property belongs to Mrs. R Subha An extent of 9556 Sq. FT. of land situate within the following boundaries: North of: 30 Links width east-west cart track East of : Mrs. Rajamani property South of: Orakuli Kadu West of : Property belongs to Mr. M P Sakthivel Measuring East west on the North side 67’8’’ East west on the South side 70’6’’ North south on the east side 130’6 North south on the west side 146’ The item No. 1 & 2 property totally to the extent of 18041 Sq. Ft. with entire super structures therein with accessories situated within ward no. 4 of Pallipalayam Agraharam Village Panchayat bearing Door No.4-447, 4-447/2, 3, 4, 5, 6, 7 & 8.

Important Dates

Auction Start Date & Time
26-05-2026
5:00 am
Auction End Date & Time
26-05-2026
7:00 am
Property Inspection Date and Time
Not specified

Price Information

Reserve Price
₹ 4,16,00,000
EMD Amount
₹ 41,60,000
Increment Price
Not specified

Contact Information

Branch
SPECIALISED ARM BRANCH, COIMBATORE-1551
Inspection Officer
-
Contact
Rakesh Mistri-Chief Manager
Borrower Name
Rakshitha Textiles

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