Residential Details
— 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, Ea
Bank Name
Indian Overseas Bank
Borrower's Name
Rakshitha Textiles
Lot Number
IOBARAKSHITHA02
Asset Sub-type
Plot
City / District
Namakkal
State
Tamil Nadu
Pincode
638008
Reserve Price
₹2,45,47,000
EMD Amount
₹24,54,700
EMD Date
08 Oct 2026, 10:00 pm
Bid Increment
₹2,00,000
Inspection Period
18 Sep 2026 to 08 Oct 2026
Legal Basis
Under SARFAESI
Borrower's Address
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, Kuma
Auction Branch
SPECIALISED ARM BRANCH, COIMBATORE-1551
Borrower Customer ID
52450214
EMD Submission Opens
17 Sep 2026, 06:22 pm
Bid Increment (During Extension)
₹200000
Auto-extends if Bid in Last
10 minutes
Extended By
10 minutes
Available for Loan
No
Carpet Area
18041 sq. ft.
Area Unit
square feet
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Schedule Visit Details
Important dates for this residential auction.
EMD Amount₹24,54,700
EMD Date08 Oct 2026, 10:00 pm
Inspection Start Date18 Sep 2026, 10:00 am
Inspection End Date08 Oct 2026, 06:00 pm
Auction Start Date09 Oct 2026, 10:30 am
Auction End Date09 Oct 2026, 01:30 pm
Point of contact
Mukesh Kumar
Dealing Officer (Inspection)
- 7890715331
- 11/952, FIRST FLOOR, CROSS CUT ROAD, GANDHIPURAM, COIMBATORE
Rakesh Mistri
Chief Manager
Contact Details
Reach out for more information about this residential auction.
Mukesh Kumar
Dealing Officer (Inspection)
- 7890715331
- 11/952, FIRST FLOOR, CROSS CUT ROAD, GANDHIPURAM, COIMBATORE
Rakesh Mistri
Chief Manager
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