ResidentialPast auctionVerified listing
Residential in Sathiyamangalam
Sathiyamangalam, Erode
Reserve price
₹55.86 L
Auction date
28 Jan 2026
12:00 PM
EMD deadline
28 Jan 2026
5:00 PM
Bid increment
₹56,000.00
Auction timeline
Auction starts
28 Jan 2026 at 12:00 PM
Auction ends
28 Jan 2026 at 5:00 PM
EMD submission deadline
28 Jan 2026 at 5:00 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Residential
Sub Type
Individual House
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹55.86 L
Property Identifiers
Bank Property ID
UBINCHECAR8337B
Collateral ID
00A66155378
Location details
Property Address
Door NO.12,T.S.no.208, Ward NO.E, Block No.4, Balavinayagar Kovil Street, Mettupalayam Rd , Rangasamuthiram Village Sathayamagalam, Erode-638402
Locality: Sathiyamangalam
City: Erode
District: Erode
State: Tamil Nadu
Pin Code: 638402
Country: India
Nearest Airport / Railway Station / Bus Stand
Erode
Borrower & Loan details
Borrower Name
M BY S KGR TEXTILES
Registered Address of Borrower
2D/1, Periyakadu, Annur Road, Karungapalyam, Ichipatti PO, Somanur TN – 641 668
Owner
MRS. SAROJA, MRS. AMUTHA AND MR. KUMARAVEL.
Guarantor
Mr. G. Rajendran
NPA Amount
₹3.60 Cr
NPA Date
29 Nov 2022
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
00A66155378
Customer ID
54698337
Borrower CIF
54698337
Guarantor Address
S/o G. Rasiappan, 2-D/1, Annur Road, Karugampalayam, Inchipatti PO, Palladam – 641668.
Asset Classification
Classification Date
29 Nov 2022
Classification ID
3
Possession Dates
Symbolic
14 Feb 2022
Additional details
Description
EMG of Land and building located at Erode Dist, Sathiyamanagal taluk, Rangasamuthiram Village, in New SF No 17/1 old SF No. 85 Land measuring 2100 Sq. ft & in new SF No. 12/11 old SF No. 88 Land measuring 1254 Sq. ft of land comprised land measuring 3354 sq. ft in new TS. No. 208, New ward no. E, block no. 4
EMD Schedule
EMD Start
23 Jan 2026
4:19 PM
EMD Deadline
28 Jan 2026
5:00 PM
Payment Deadline
28 Jan 2026
Officer Details
Authorized Officer
BIMAL SUKUMAR A
CHIEF MANAGER
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹56,000.00
Extension Increment
₹56,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes
Ownership & Legal
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
00A66155378
Property ID
UBINCHECAR8337B
Nearby Amenities
Nearest Station
Erode
Union Bank of India
Verified seller
Branch: ASSET RECOVERY BRANCH COIMBATORE-578746
IFSC: UBIN
Bank contact
+91 99999 99999
Branch Address
816, OPPANAKARA STREET,COIMBATOREPO - COIMBATORECOIMBATORE, COIMBATORE, TAMIL NADUPin Code - 641001Branch IFSC
UBIN0578746Department
ASSET RECOVERY BRANCH COIMBATORE-578746