Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609915
Bank Name:Tata Capital Housing Finance Ltd
Branch Name:Registered Office : Mumbai
Reserve Price:₹4,50,000
EMD:₹45,000
Service Provider:bankauctions.in
Important Dates
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 02:00 PM
Property Description
This is a residential house located in Modakkurichi, Erode, Tamil Nadu. The property is being auctioned by Tata Capital Housing Finance Ltd. It offers a great opportunity for homebuyers or investors in the region.
State:Tamil Nadu
City:Erode
Area:Modakkurichi
Asset Category:Residential
Full Address:108, MAHALAKSHMI LAYOUT, Erode District, Avaipoondurnai SRO, Modakurichi Taluk, Nanjai Uthukuli Village, Old Survey No 608, 620, 621, kulathukadu, Resurvey No. 769/2Part, Modakkurichi, Erode
Building/Society:MAHALAKSHMI LAYOUT
Size:875 Sq feet
Auction Description
Tata Capital Housing Finance Ltd is conducting a SARFAESI auction for a residential house in Modakkurichi, Erode, Tamil Nadu. The auction will take place on November 18, 2025, from 02:00 PM to 03:00 PM. The reserve price for this auction is ₹4,50,000, with an Earnest Money Deposit (EMD) of ₹45,000 required. This is a prime opportunity to acquire a property through a bank auction.
Borrower Name:MR. SIVAKUMAR T
Auction Type:SARFAESI Auction
Guarantor Names:MRS. PARAVATHI
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a moderate investment opportunity due to its location in a developing area of Erode. The low reserve price and EMD make it accessible, but further investigation into local market trends is recommended to assess its long-term potential.
Contact Details
Branch:Branch Office : Registered Office : Mumbai
Service Provider:bankauctions.in
Contact Details:
Contact no: —
