ResidentialPast auctionVerified listing
Residential in Velampalayam Village
Velampalayam Village, Vellakoil
Reserve price
₹20.50 L
Auction date
28 Jan 2026
11:30 AM
EMD deadline
27 Oct 2025
5:00 PM
Bid increment
₹50,000.00
Auction timeline
Auction starts
28 Jan 2026 at 11:30 AM
Auction ends
28 Jan 2026 at 12:30 PM
EMD submission deadline
27 Oct 2025 at 5:00 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Residential
Sub Type
Plot
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹23.76 L
Property Identifiers
Bank Property ID
CNRB930621071
Collateral ID
87333970003
Location details
Property Address
Vacant land In Tiruppur District, Vellakovil Sub Reg.District, Kangeyam Taluk, Velampalayam Village,
Boundaries for R.S.No.258/2C (0.48 Acre) :
North of S.F.No.260/2
South of North South 5 ft wide land of Kuppusamy gounder vahayara
East of Arunagiri land
West of vendor Kuppusamy gounder vahayara land
Boundaries for R.S.No.260/2 (0.02 ½ Acre) :
North of east west road
South of item 1 land in S.F.No.258/2C
East of Arunagiri land
West of vendor Kuppusamy gounder vahayara land
In total an extent of 0.50 ½ acre and all pathway and easmentary rights.
Locality: Velampalayam Village
City: Vellakoil
District: Tiruppur
State: Tamil Nadu
Pin Code: 638111
Country: India
Price history
4 previous auctions₹23,00,000.00
23 Dec 2025
Residential
Canara BankPossession: Symbolic
₹23,00,000.00
25 Nov 2025
Residential
Canara BankPossession: Symbolic
₹23,76,000.00
28 Oct 2025
Residential
Canara BankPossession: Symbolic
Borrower & Loan details
Borrower Name
MKM TRADERS
Registered Address of Borrower
PROPRIETOR : Mr. L K BALASUBRAMANIAM
7/104 LAKKUMANAICKENPATTI
KANGAYAM TK
TIRUPPUR – 638111
PH.No: 7010242599
Owner
L K BALASUBRAMANIAM
Ownership of Property
Borrower
Co-Borrower(s)
L K BALASUBRAMANIAM
Guarantor
RENUKA
NPA Amount
₹1.34 Cr
NPA Date
07 Jan 2024
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
87333970003
Customer ID
93062107
Guarantor Address
7/104 LAKKAMANAICKANPATTI
L N PATTI POST
VELLAKOVIL
TIRUPPUR – 638111
PH.No: 9865877999
Possession Dates
Symbolic
05 Feb 2025
EMD Schedule
EMD Start
31 Dec 2025
5:23 PM
EMD Deadline
27 Jan 2026
5:00 PM
Payment Deadline
27 Oct 2025
Officer Details
Authorized Officer
RAHUL P P
CHECKER SENIOR MANAGER
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹50,000.00
Extension Increment
₹50,000.00
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
87333970003
Property ID
CNRB930621071
Canara Bank
Verified seller
Branch: VELLAKOIL-1027
IFSC: CNRB
Bank contact
+91 99999 99999
Branch Address
Door No.20A/20B, A N Complex, Dharapuram Road,Branch IFSC
CNRB0001027Department
VELLAKOIL-1027