Auction Closed · Scheduled Auction Date Passed (12 Oct 2026)
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Commercial - Vacant Site & Superstructure Auction in Nagapattinam | City Union Bank Ltd Auction
Vacant Site & Superstructure, Nethaji Road, Nagapattinam - Siva Sakthi Real Estate · Reserve price ₹ 4,45,00,000 · Auction on 12 Oct 2026
₹ 4,45,00,000
Reserve price
Reserve price
₹ 4,45,00,000
EMD
₹ 44,50,000
Auction date
12 Oct 2026
Status
Ended
Bank
City Union Bank Ltd
Possession
physical
Photos do not establish property condition or title. Confirm the location, inspection window, terms and latest sale notice directly with the selling authority before paying EMD.
Property details
- Property Type
- Commercial - Vacant Site & Superstructure
- Description
- Re-auction cum sale notice, Schedule-B property owned by M/s.Siva Sakthi Real Estate P Ltd (MD R.K.Ravi), mortgaged to City Union Bank, Nagapattinam Branch. Recovery of Rs.10,90,57,056/-. Duplicate notice copies were uploaded citing dues as on 16.09.2026 and 17.07.2026 respectively.
- Area
- 17503 sq.ft
- Possession
- physical
- Locality
- Nagapattinam
- Full Address
- T.S.No.2038 and 2074, Block No 21, Ward No.1, Previous Holland Road, Present Nethaji Road, Nagapattinam Town
- Pincode
- 611001
Bank & auction terms
- Auction ID
- AX-1J2LLTC
- Bank / Authority
- City Union Bank Ltd
- Reserve Price
- ₹ 4,45,00,000
- EMD Amount
- ₹ 44,50,000
- Auction Date
- 12 Oct 2026
- Auction Time
- 13:00
- Borrower Name
- M/s.Nagapattinam Siva Sakthi Chit Funds P Ltd, M/s.Siva Sakthi Super Market, M/s.Nagai Siva Sakthi Sagaya Nalanidhi Ltd, M/s.Siva Sakthi Real Estate P Ltd and individual guarantors (R.K.Ravi and family)
- Bank Contact Details
- 9362610832, 9345184544, 7695969207, 8925810925, srinivasank@cityunionbank.in
Auction documents
- Sale noticesale notice
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