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Commercial in Samalapuram

Samalapuram

Reserve price
₹1.78 Cr
Auction date
27 Jan 2026
11:30 AM
EMD deadline
30 Sept 2025
11:00 AM
Bid increment
₹1.00 L

Auction timeline

Auction starts
27 Jan 2026 at 11:30 AM
Auction ends
27 Jan 2026 at 12:30 PM
EMD submission deadline
30 Sept 2025 at 11:00 AM

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

Property overview

Property Title
Shops for Sale in Samalapuram
Type
Commercial
Sub Type
Shops
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Identifiers
Bank Property ID
CNRB100146786
Collateral ID
100146786A

Location details

Property Address
DOOR NO 38/C2, 38/C2A, WATER TANK STREET, AYYAN KOIL ROAD, SAMALAPURAM, SOMANUR-641663
City: Samalapuram
District: Tiruppur
State: Tamil Nadu
Pin Code: 641663
Country: India

Borrower & Loan details

Borrower Name
NIRANJAN MILLS
Registered Address of Borrower
DOOR NO 38 C2, WATER TANK STREET, SAMALAPURAM, TIRUPUR-641663
Owner
VELUSAMY VELUMANI LEGAL HEIRS OF BALASUBRAMANIAM
Ownership of Property
Borrower & Guarantor
Co-Borrower(s)
SRI VELMURUGAN TEXTILES
NPA Amount
₹4.15 Cr
NPA Date
30 Jun 2017
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
100146786A
Customer ID
100146786
Possession Dates
Symbolic
22 May 2025

Additional details

Description
61.75 Cent of land and building

EMD Schedule

EMD Start
19 Jan 2026
4:12 PM
EMD Deadline
27 Jan 2026
11:00 AM
Payment Deadline
30 Sept 2025

Officer Details

Authorized Officer
SHIVA PRASAD G
CHECKER MANAGER

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
100146786A
Property ID
CNRB100146786
Canara Bank
Verified seller
Branch: COIMBATORE SPECIALISED ARM BRANCH
IFSC: CNRB

Bank contact

+91 99999 99999
Branch Address
#166, T V Swamy Road (West), R S Puram,
Branch IFSC
CNRB0004712
Department
COIMBATORE SPECIALISED ARM BRANCH

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