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Residential in KARUR

KARUR, Karur

Reserve price
₹3.95 Cr
Auction date
12 Mar 2026
11:00 AM
EMD deadline
11 Mar 2026
11:00 PM
Bid increment
₹50,000.00

Location details

Property Address
In Karur RD, Melakarur SRD, Karur District, Karur West SRD, in Aravakurichi Tk, In Pavitharam Village, SF No.286 Acre 2.03 in this excluding 0.05.50 remaining Acre 1.97.50
Locality: KARUR
City: Karur
District: Karur
State: Tamil Nadu
Pin Code: 639002
Country: India
Carpet Area: 86023 sq ft
Built-up Area: 89026 sq ft
Price per Sq Ft: 2,00,000
Project Name: PIONEER EXPORTS
Facing: North
Age of Construction: 7 years
Unit of Measure: square feet

Auction timeline

Auction starts
12 Mar 2026 at 11:00 AM
Auction ends
12 Mar 2026 at 4:00 PM
EMD submission deadline
11 Mar 2026 at 11:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Residential
Sub Type
Plot
Area
86023 sq ft
(Carpet)
Built-up Area
89026 sq ft
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Price per Sq Ft
2,00,000
Property Price
₹3.95 Cr
Property Identifiers
Bank Property ID
SBIN400014037893
CERSAI ID
400014037893
Collateral ID
777

Property Images

Borrower & Loan details

Borrower Name
PIONEER EXPORTS
Registered Address of Borrower
Door No:16/2Gowripuram extension 4th street Anna nagar Karur
Owner
MR.VADIVEL (DECEASED)
Ownership of Property
Borrower
Guarantor
MR.VADIVEL (DECEASED)
NPA Amount
₹4.50 Cr
NPA Date
28 Nov 2022
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
777
Customer ID
80433774454
Guarantor Address
Door No:16/2Gowripuram extension 4th street Anna nagar Karur
Demand Notice
Notice Date
12 Dec 2022
Notice Amount
₹2.76 Cr
Asset Classification
Classification Date
17 Feb 2026
Classification ID
1
Possession Dates
Physical
07 Jul 2023
Symbolic
07 Jul 2023

Additional details

Property USP
Residential land located at prime area - road facing in Karur.
Other Details
PROPERTY IS ROAD FACING TOWARDS KARUR TO COVAI N.H
Description
Residential land at .Aravakurichi Tk, In Pavitharam Village, SF No.286 Acre 2.03

EMD Schedule

EMD Start
23 Feb 2026
5:54 PM
EMD Deadline
11 Mar 2026
11:00 PM
Payment Deadline
11 Mar 2026

Inspection Schedule

Inspection Start
25 Feb 2026
11:00 AM
Inspection End
25 Feb 2026
2:00 PM

Officer Details

Authorized Officer
CHANDRASEKAR Y
CHIEF MANAGER 1
Dealing Officer
MITHRA S

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹50,000.00
Extension Increment
₹50,000.00
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
777
CERSAI ID
400014037893
Property ID
SBIN400014037893
State Bank of India logo
State Bank of India
Verified seller
Branch: SARB COIMBATORE-10204
IFSC: SBIN

Bank contact

+91 94456 10618+91 73972 46738
Branch Address
377/1 DR NANJAPPA ROAD BEHIND PALANIAPPA NURSING HOME COIMBTORE
Branch IFSC
SBIN0000827
Department
SARB COIMBATORE-10204