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Immovable/Land/Coimbatore

Event Details
Event Type :
SARFAESI
Event No. :
232130
NIT Ref. No. :
IndusInd Bank Vs M/s. MK Service
Tender / Event Title :
IndusInd Bank Vs M/s. MK Service
Event Bank/Organisation Name :
IndusInd Bank
Event Branch :
IndusInd Bank, Cathedral Road, Chennai - BO
Property Details
Property Category :
Immovable
Property Sub Category :
Land
Property Description :
1) Property of Mr.S.Elumalai, S/o.Mr.Subramani (Sale Deed Document No.6458 of 2024, dated 13-09-2024) Schedule-A:-In Coimbatore North Registration District, Coimbatore Sub Registration District, Coimbatore Taluk, Coimbatore City Grey Town, Srikantan Extension Layout, Door Nos 56,57, Old T.S.No.1/112/2C, As per TSLR Town Survey No. 112/5, Town Survey Ward No. A(1), Town Survey Block No.2 bounded, On the North by about 12' Feet wide both way leading to the house of K.Ramalingam complex bounded on the south in the East west Road, bounded on the West by: TS No. 122/2b (a row on the Northern Side 46.1/2 feet, East west on the Southem side: 51 feet, North South on the Eastem side 98 feet total 4802 Sq feet together with building thereon. Schedule-B:-(Property hereby conveyed land only) 154 Sq. ft (3.187%) undivided share of land in the A Schedule Property Schedule-C: All that in ISHWAR TRADE CENTRE Constructed in and over the land mentioned in the 'A' Schedule above bearing Flat No. 56-22 in Second Floor with Super builtup area 548 Sq.ft with its doors, windows frames together with electric light fittings, Service connection, Water Tap connection and its deposits, flush out, latrine, bathrooms, common rights in overhead tanks, staircases, water pumps and also having rights to use the layout roads, common pathways etc.. Door No. 56-22 Srikant Extenstion' Old Assessments No.72221207 Old Ward No.72 New Assessments No. 162/083/904094 New Ward No.83, Electricity Services connection No.011-004-1122, The Property is situated within the Coimbatore Corporation Limits. 2) Complete Description of the property along with boundary details 1st Schedule Doc No.6460/2024: Schedule-A:-In Coimbatore North Registration District, Coimbatore Sub Registration District, Coimbatore Taluk, Coimbatore City, Grey Town, Srikantan Extension Old Door Nos.35, 36 New Nos.56 and 57 T.S.No.1/112/2C bounded, As per TSLR Town Survey No.112/5, Town Survey Ward No. A (1), Town Survey Block No. 2 bounded On the North by about 12 feet wide pathway leading to the house of K.Ramalingam, On the East by the property known as Gurunanack complex, On the South by-the East-West Road, On the West by- TS. No. 112/2B (a row of shops belonging to Late K.Ramalingam) Measurements: East West on the Northern Side 46.1/2 feet, East West on the Southern side 51 feet, North South on the Western Side 99 feet, North South on the Eastern Side 98 feet. Total 4802 Sq.ft together with building thereon. Schedule B:-In the above property undivided share and interest of Land 202 Sq.ft. Schedule C:-On the Second Floor in ISHWAR Trading Centre including common area of Floor above and below measuring 544 Sq.ft of built up area along with utility area total measuring 627 Sq.ft (58.25 Sq.mtrs) which is mentioned as a portion in plan attached with Documents. Property Tax Old Assessment No. 221206. Old Assessment No.162/72222478 New Assessment No. 162/083/903699
Borrower's Name :
M/s. MK Service
Auction Details
Reserve Price :
1,41,00,000.00
Tender Fee :
0.00
Price Bid :
applicable
Bid Increment value :
50,000.00
Auto Extension time :
5 (In Minutes)
No. of Auto Extension :
Unlimited Extension
DSC Required :
No
EMD Details
EMD Amount :
14,10,000.00
EMD Deposit Bank Name :
IndusInd Bank
EMD Deposit Bank Account Number :
00073564604005
EMD Deposit Bank IFSC Code :
INDB0000007
Important Dates
Press Release Date :
17 Jun 2026 00:00
Date of Inspection of Property (From) :
Not available
Date of Inspection of Property (To) :
Not available
Offer (First Round Quote) Submission Last Date :
23 Jul 2026 16:00
Offer (First Round Quote) Opening Date :
23 Jul 2026 16:05
Auction Start Date and Time :
24 Jul 2026 11:00
Auction End Date and Time :
24 Jul 2026 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 :