Property Description

Palladam Branch: 1) M/s. Starow Metals Industries (Borrower), Proprietorship concern, rep. by its Proprietor having office at No: 3/1481, Merkala Thottam, Aluthupalayam, P.Vadugapalayam, Palladam, Tiruppur – 641664, 2) Mr K Ganga Ganapathy S/o Mr Kumaravel (Proprietor), 3) Mr Sanjeevi Nagaraj S/o Mr A Nagaraj, 4) Mr A Selvaraj S/o Arusamy Gounder, 5) Mrs K Kamalathal W/o Mr Kumaravel 2/57/1, E.Vadugapalayam, Elavanthi, Palladam, Tiruppur Dt 641664 and 6) Mrs Priya W/o Ganga Ganapathy (No’s 3 to 6 are Guarantors) The above No’s: 2 & 6 are residing at D No.2/347, E Vadugapalayam, Elavanthi Village, Palladam, Tiruppur 641664. No:3 & 4 is residing at 8/81, Kami Kaliapuram, Pollachi, Poravipalayam, Coimbatore District – 642110, No: 3 is also residing at D No.2/1074 14, Goundampalayam Road, Rayarpalayam, Naranapuram Village, Palladam, Tiruppur 641664. MORTGAGED ASSETS : Property 1 : Item NO.1 (Doc 5007/2021) Coimbatore Registration District, Sulur Sub Registration office, Sulur Taluk, Karumathampatty Village, an extent of 1905 sq ft in S F No.192/2B land situated within the following boundaries: South of North of West of East of 2 feet width east west gap 18 feet width East west common way Remaining part an extent of 1900 sq ft Subramaniam land. Measurements as follows, North side is- 26.0 feet South side is- 25.6 feet East side is - 74 feet West side is - 74 feet As per new sub-division No.192/2B1. With right to use mamool roads to reach the property and all other appurtenances thereon. Item NO.II (Doc 5009/2021) In Coimbatore Registration District, Sulur Sub-Registration office, Sulur Taluk, Karumathampatty Village, an extent of 1900 sq ft in S F No.192/2B land situated within the following boundaries: South of North of West of East of 2 feet width east west gap 18 feet width East west common way. Domenic Peter Babu land Remaining part an extent of 1905 sq.ft. Measurements as follows, North side is - 26.11 feet South side is- 24.5 feet East side is - 74 feet West side is - 74 feet As per new sub-division No.192/2B1. With right to use mamool roads to reach the property and all other appurtenances thereon. Both Items put together with 3805 Sq Ft

Auction Details

• Inspection Start Date & Time05-10-2026 11:00 am
• Inspection End Date & Time21-10-2026 05:00 pm
• EMD Start Date & Time06-10-2026 11:00 am
• EMD End Date & Time21-10-2026 05:00 pm
• EMD Amount 6,20,000
• Auction Type Forward Auction
• Auction Start Date & Time22-10-2026 10:30 am
• Auction End Date & Time22-10-2026 11:30 am