Property for Auction in Katapdi, Vellore, Tamil Nadu
Auction ID:556477
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹61,00,000
EMD:₹6,10,000
Service Provider:BAANKNET
Submission Date:28-08-2025 05:00 PM
Bid Start Date:29-08-2025 11:00 AM
This offering is a residential house located in Katapdi, a well-connected area within Vellore, Tamil Nadu. The property is being auctioned by the Union Bank of India under the SARFAESI Act. It represents a significant real estate opportunity in the region, suitable for residential use. Detailed inspection and legal due diligence are recommended for interested parties.
State:Tamil Nadu
City:Vellore
Area:Katapdi
Asset Category:Residential
Union Bank of India presents a SARFAESI auction for a residential house in Katapdi, Vellore, Tamil Nadu. The property, previously owned by M/s. Spinach Pharma Private Limited, has a reserve price of ₹61,00,000 and an EMD of ₹6,10,000. The auction will take place on August 29, 2025, from 11:00 AM to 5:00 PM. This is a prime opportunity to acquire a property in the developing area of Vellore.
Borrower Name:M/s. Spinach Pharma Private Limited
Auction Type:SARFAESI Auction
Contact Number :9137554740