Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611943
Bank Name:Punjab National Bank
Branch Name:ARMB
Reserve Price:₹1,38,37,000
EMD:₹13,83,700
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-12-05
Property Description
A residential flat located in Ambur taluk, Tirupathur, Tamil Nadu. This property is being auctioned by Punjab National Bank. Suitable for residential use, this flat offers a great opportunity in the Tirupathur region.
State:Tamil Nadu
City:Tirupathur
Area:Ambur taluk
Asset Category:Residential
Full Address:4/1, 4/1, Rajiv Gandhi Nagar 1st street Mel Krishnapuram, Ambur-635 802, Mel Krishnapuram, Ambur
Size:1953.00 sqft
Auction Description
This is a SARFAESI auction conducted by Punjab National Bank for a residential flat in Ambur taluk, Tirupathur, Tamil Nadu. The auction will take place on 05-12-2025 from 11:00 AM to 04:00 PM. The reserve price is ₹1,38,37,000, with an Earnest Money Deposit (EMD) of ₹13,83,700. The property was previously owned by Mr. R. Tamilselvan.
Borrower Name:Mr.R.Tamilselvan
Auction Type:SARFAESI Auction
Guarantor Names:Mrs.T. Savitha, Karuna Sweets
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Ambur offers moderate investment potential. While the reserve price is relatively high, the symbolic possession status and potential for future development in the area make it a calculated opportunity for investors seeking long-term value.
Contact Details
Branch:Branch Office : ARMB
Service Provider:BAANKNET
Contact Details:
Contact no: —
