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Scheduled for 24-06-2026 11:00 AM. Listing kept for reference — confirm with the bank whether a fresh sale notice has been issued before taking any action.

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Indian Bank Land Auction in Mettupalayam, Coimbatore

Mettupalayam, Coimbatore, Tamil Nadu

Property Description

1.M/s Sree Dhanvijay Tex Mills (P) Ltd,Represented by its Managing Director K Vijaya Shankar, 8/90B Jadayampalayampudur, Boothimedu, Annur Road, Mettupalayam, Coimbatore 641 302 Borrower, 2.Mr.K.Vijaya Shankar, S/o.R.K.B.Kandhasamy, No 60, Umashankar Nilayam, LS Puram, Mettupalayam, Coimbatore 641 301- Managing Director /Mortgagor/Guarantor, 3.Mrs.V.Dhanalakshmi, W/o.K.Vijaya Shankar, No.60. Umashankar Nilayam, LS Puram, Mettupalayam, Coimbatore 641 301-Director/Mortgagor/Guarantor, 4.Mr R Govindaraj, S/o.Ramasamy, No 532, Kunniyur, Kappanur, Coimbatore-641 653-Additional Director/GuarantorThe specific details of the property intended to be brought to sale through e-auction mode are enumerated below: Immovable Property: PROPERTY ID No. IDIB1000183401A Coimbatore Registration District, Mettupalayam sub-registration District, Mettupalayam Taluk, Bellapalayam village SF No.387/2B, an extent of 2.10 acres-the said lands laid out into house sites and approved by the Bellapalayam Panchayat in Na Ka No.90/2000 dated:21/08/2000-RK B Nagar, in this vacant Nos.31,32,34 and 35 within the following Boundaries: SITE N.31: South of: Site No.32, North of: Site No.30, East of: Lands of Parameswari and others West of: 25 feet North South layout road

Measuring: On the North, East West: 66 feet. On the South, East West: 67 feet. On the East, North South: 30 feet, On the West, North South: 30 feet, Of the extent of 1995 sq.ft SITE No.32-South of: Site No.33, North of: Site No.31, East of: Lands of Parameswari and others, West of 25 feet North South layout Road

Measuring: On the North, East West: 65 feet. On the South, East West: 66 feet. On the East, North South: 30 feet, On the West, North South: 30 feet, On the extent of 1965 sq.ft. SITE No.34-South of: Site No.35, North of: Site No.33, East of: Lands of Parameswari and others, West of: 25 feet North south layout road

Measuring: On the North, East West: 63 feet, On the South, East West: 64 feet, On the East, North South: 35 feet, On the West, North South: 35 feet, On the extent of 2225.5 sq.ft SITE No.-35-South of: Site no.36 and 37, North of Site no.34, East of: Lands of Parameswari and others, West of: 25 feet North south layout road

Measuring: On the North, East West: 62 feet, On the South, East West: 63 feet, On the East, North South: 30 feet, On the West, North South: 30 feet, Of the extent of 1875 sq.ft. Thus the total extent of 8057.5 sq.ft of land with all common rights. Owner of the Property: Mr K Vijaya ShankarPrior Encumbrances on property: ESIC Attachment for Rs. 12,14,996/- (Rupees Twelve Lakhs Fourteen Thousand Nine Hundred and Ninety Six Only).

Auction Documents

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Reserve Price
₹70.00 Lakh
EMD Amount
₹7.00 Lakh
Auction Date
24-06-2026 11:00 AM
Application By
23-06-2026 05:00 PM
Bank / Institution
Indian Bank
Branch
STRESSED ASSETS MANAGEMENT VERTICAL BRANCH
Borrower
M/s Sree Dhanvijay Tex Mills (P) Ltd
Contact Details

Ph-9442646501

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