Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609088
Bank Name:Repco Home Finance Limited
Branch Name:NAMAKKAL BRANCH
Reserve Price:₹11,31,000
EMD:₹1,13,100
Bid Increment:₹10,000
Auction Time:11:00 a.m. - 12:00 Noon
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This is a residential house located in Puduppatty, Namakkal, Tamil Nadu. The property is being auctioned by Repco Home Finance Limited. It is a great opportunity to acquire a house in this developing area. The auction is conducted under the SARFAESI Act.
State:Tamil Nadu
City:Namakkal
Area:Puduppatty
Asset Category:Residential
Full Address:Plot No.147B & 148A, Vikash Township, Door No.7/163-30, Plot No.147B & 148A, Vikash Township, S.Nos. 453/1A & 453/1B, N.Puduppatty Village, Namakkal
Building/Society:Vikash Township
Size:1000 sq.ft.
Auction Description
Repco Home Finance Limited is holding a SARFAESI auction for a residential house in Puduppatty, Namakkal, Tamil Nadu. The auction will take place on November 28, 2025, from 11:00 AM to 12:00 PM. The reserve price for this property is INR 11,31,000, with an Earnest Money Deposit (EMD) of INR 1,13,100. This is a prime opportunity for interested buyers to bid on this asset.
Borrower Name:Mr.K.Manikandan
Auction Type:SARFAESI Auction
Guarantor Names:Mr.N.Saravanan
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in Namakkal, offered at a relatively reasonable reserve price. While the location isn't prime, the property size and clear auction terms present a calculated investment opportunity. Further due diligence on the property's specific condition is advised.
Contact Details
Branch:Branch Office : NAMAKKAL BRANCH
Service Provider:Public Auction
Contact Details:
Mr.Prabakaran
Contact no:7418281709
