Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610788
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹20,00,000
EMD:₹2,00,000
Auction Time:01.00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-09
Bid Start Date:2025-12-09
Property Description
City Union Bank presents a SARFAESI auction for a residential house in Tirunelveli, Tamil Nadu. Located in the heart of Tirunelveli city, this property offers a prime opportunity for homebuyers and investors. Mr. Periyasamy is the borrower associated with this asset. The property is ideal for those seeking a home in a well-established area.
State:Tamil Nadu
City:Tirunelveli
Area:Tirunelveli
Asset Category:Residential
Full Address:26C4, Door No 26C4, Vadakaliamman Kovil Street, Kumanthapuram, Kumanthapuram, Tirunelveli
Size:773.4375 Sq.ft
Auction Description
This is a SARFAESI auction conducted by City Union Bank for a house in Tirunelveli, Tamil Nadu. The auction will take place on December 9, 2025, from 1:00 PM to 2:00 PM. The reserve price is INR 20,00,000, with an Earnest Money Deposit (EMD) of INR 2,00,000 required to participate. Don't miss this chance to acquire a property in Tirunelveli.
Borrower Name:Mr.Periyasamy
Auction Type:SARFAESI Auction
Guarantor Names:Mrs.P.Muthulakshmi, Mr.B.Karthikeyan
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a reasonable investment opportunity due to its location in Tirunelveli and the relatively affordable reserve price. However, potential buyers should conduct thorough due diligence. Given its location and the specifics of the auction, it's a calculated risk with moderate potential.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:04633-240550
