Immovable/Land/ERODE

Auction Status : Closed

Event Details
Event Type :
SARFAESI
Event No. :
167904
NIT Ref. No. :
IndusInd Bank Vs M/s. Bharathi Vidhyalaya Educational Trust
Tender / Event Title :
IndusInd Bank Vs M/s. Bharathi Vidhyalaya Educational Trust
Event Bank :
IndusInd Bank
Event Branch :
IndusInd Bank Limited, Embassy Heights, Bangalore - BO
Property Details
Property Category :
Immovable
Property Sub Category :
Land
Property Description :
1. Exclusive Mortgage on land of 14.60 acres (1.96 acres is owned by Trust and 12.64 acres is owned by Trustee) and buildings at “Bharathi Vidhyalaya CBSE School & Bharathi Vidhyalaya Matriculation Higher Secondary School” at Old S.F.No.242 & New S.F.Nos.112/2A, 112/2B, 111/2A2, Vellalapalayam Village, Gobichettipalayam Taluk, Erode, Tamil Nadu - 638476 and bounded by: North: Private Property / State Highway-15 South: Private Property East: Private Property West: Nehru Street 2. Commercial land admeasuring 0.44 acres located at New S.F. Nos.112/1 & 112/2, Vellalapalayam Village, Gobichettipalayam Taluk, Erode, Tamil Nadu – 638476, belonging to Mr. P.R. Velumani and bounded by: North: Property belonging to Bhagyalakshmi & Parimala Devi South: Property belonging to Velumani, Bhagyalakshmi & Others East: Common pathway belonging to Bhagyalakshmi & Others West: Property belonging to Parimala Devi (to be sold together)
Borrower's Name :
M/s. Bharathi Vidhyalaya Educational Trust
Auction Details
Reserve Price :
1,17,57,00,000.00
Tender Fee :
0.00
Price Bid :
applicable
Bid Increment value :
500000.00
Auto Extension time :
5 (In Minutes)
No. of Auto Extension :
Unlimited Extension
DSC Required :
No
EMD Details
EMD Amount :
11,75,70,000.00
EMD Deposit Bank Name :
IndusInd Bank
EMD Deposit Bank Account Number :
00083564604005
EMD Deposit Bank IFSC Code :
INDB0000008
Important Dates
Press Release Date :
15 May 2024 00:00
Date of Inspection of Property (From) :
31 May 2024 11:00
Date of Inspection of Property (To) :
31 May 2024 14:00
Offer (First Round Quote) Submission Last Date :
18 Jun 2024 16:00
Offer (First Round Quote) Opening Date :
18 Jun 2024 16:05
Auction Start Date and Time :
19 Jun 2024 11:00
Auction End Date and Time :
19 Jun 2024 12:00
Auction Related Documents
View NIT Documents :
Documents to be Submitted :
Pan Card,Annexure 3/Declaration Form,Annexure 2/Details of Bidder,Proof Of Address
Tender Documents :
Annexure 2/Details of Bidders :
Annexure 3/Declaration by Bidders :