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Factory SARFAESI Auction Symbolic Possession

Factory for Sale (Bank Auction) in Vazhapadi, Salem – Union Bank

Vazhapadi, Salem, Tamil Nadu · Auction ID #81939

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Factory photo 1
Indicative Price ₹32,40,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —

Property Details

Property type
Factory (Industrial)
Possession
Symbolic Possession
Locality
Vazhapadi
City
Salem
Pincode
636115
Address
Vazhapadi, Tamil Nadu, 636115 View on map

Description (as per sale notice)

All that piece and parcel of land in Salem District, Salem East Registration District, Valapady Sub Registration District,, Valapady Taluk, A.Valapady Village, the land measuring 1.62 ¼ acres (Punja Hec.0.656) out of 1.74 acre (Hect.0.70.5) in S.No.64/4A, Subsequently Sub Divided as 64/4A1B layout in this house plots in the name of style "Padmaraja Nagar' layout approval No.Ma.Ca./Na.Uo.Ee.No.5/2003 and Na.Ka.No24191/2002-LA(3) dated 20.01.2003 and Valapady town panchayat resolution No.61/18 dated 14.07.2003 in one such plot bearing Plot No.16 Measuring 1800 Sq.ft in S.No.64/4A1B, Subsequently Subdivided as S.No.64/4A1B1 bounded by, Land sold by Madheswaran On the East, North South 30 ft wide common road On the West, The layout common purpose land gifted to Valapady Town panchayat On the North, Plot No.17 On the South. Within land measuring East-West 60 ft, North-South 30 ft admeasuring 1800 Sq.ft situated in Ganapathy Goundar street, Ward-3, Valapady Town Panchayat with all easementary rights thereto within Valapady Union Limits. The property belongs to Mrs. Sudha S W/o Sankar

BAANKNET Property ID: UBINCHESLM1259C

Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
VALAPADI-533432
Auction type
SARFAESI Auction
Borrower
M/s S** R***** T***** P***** Mrs. S**** S
Auction start
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Auction end
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EMD submission deadline
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Inspection
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Authorised officer
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Officer contact
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How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID UBINCHESLM1259C)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on — starting above the reserve price.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Union Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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