Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610063
Bank Name:Indian Bank
Branch Name:Zonal Office
Reserve Price:₹22,50,000
EMD:₹2,25,000
Bid Increment:₹10,000
Auction Time:10:00 A.M. to 4:00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-19
Property Description
This is a residential flat located in Tiruvallur, Tamil Nadu, being auctioned by Indian Bank. The property is situated in the area of Tiruvallur and belongs to borrower Mr R Gopi. This SARFAESI auction presents an opportunity to acquire a flat in a well-established residential locale.
State:Tamil Nadu
City:Tiruvallur
Area:tiruvallur
Asset Category:Residential
Full Address:S-1, Devi Nagar, Sakthi Street, Flat No.S-1, Plot No.23A (Southern Portion), Devi Nagar, Sakthi Street, Thirumullaivoyal Village, Ambatur Taluk, Thiruvallur District, Thirumullaivoyal, Tiruvallur
Building/Society:Devi Nagar, Sakthi Street
Size:920 Sq. ft.
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential flat in Tiruvallur, Tamil Nadu. The auction starts on November 19, 2025, at 10:00 AM and concludes at 04:00 PM on the same day. The reserve price is set at INR 22,50,000, with an Earnest Money Deposit (EMD) of INR 2,25,000 required to participate. This is a direct opportunity to bid on a property in Tiruvallur.
Borrower Name:Mr R Gopi
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Krishnaveni
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The flat in Tiruvallur presents a calculated opportunity due to its reasonable reserve price and physical possession status. While the location may not be prime, the property type and price point offer a potential for investment. Further due diligence is recommended to assess the long-term growth prospects of the area.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
