Property Type:
Location:
Auction Date:Auction Details
Auction ID:564241
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Chennai
Reserve Price:₹1,00,72,000
EMD:₹10,07,200
Service Provider:bankauctions.in
Important Dates
Submission Date:24-09-2025 05:30 PM
Bid Start Date:25-09-2025 11:00 AM
Property Description
The property is a house located in Ponmeni Village, Madurai, within the state of Tamil Nadu. This residential asset, previously mortgaged to Cholamandalam Investment And Finance Company Limited, is being auctioned under the SARFAESI Act. Situated in a developing locality, the house offers a potential investment for buyers seeking property in Madurai. Further details regarding the specific built-up area, plot size, and property condition are available upon request or during the auction process.
State:Tamil Nadu
City:Madurai
Area:Ponmeni Village
Asset Category:Residential
Auction Description
This SARFAESI auction, conducted by Cholamandalam Investment And Finance Company Limited, features a residential property in Ponmeni Village, Madurai, Tamil Nadu. The bidding starts with a reserve price of INR 10,072,000.00, with an Earnest Money Deposit (EMD) of INR 1,007,200.00 required to participate. The auction will take place on September 25, 2025, running from 11:00 AM to 1:00 PM. This is a significant opportunity to acquire a house in a well-regarded area.
Borrower Name:Senthilkumar Subathraa
Auction Type:SARFAESI Auction
Contact Details
Contact No: Mr. Thiyagarajan-Mob. No. 99405 16215 & Mr. Thiyagu-Mob No.98942 65133
