Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613955
Bank Name:Motilal Oswal Home Finance Ltd
Branch Name:Corporate Office : Mumbai
Reserve Price:₹9,50,000
EMD:₹95,000
Auction Time:11:00 AM to 02:00 PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-11-30
Bid Start Date:2025-12-01
Property Description
This is a residential house located in Arakonam, Vellore, Tamil Nadu. The property is being auctioned by Motilal Oswal Home Finance Ltd. It offers a great opportunity for homebuyers or investors in the region.
State:Tamil Nadu
City:Vellore
Area:Arakonam
Asset Category:Residential
Full Address:14, 14Door No/14, Nethaji Street, New S/No/1274/18, Gandhi Nagar, Thakkolam Village, Arakkonam Taluk, Thakkolam, Vellore
Auction Description
Motilal Oswal Home Finance Ltd is conducting a SARFAESI auction for a residential house in Arakonam, Vellore. The auction will take place on December 1, 2025, from 11:00 AM to 02:00 PM. The reserve price for this auction is ₹9,50,000, with an Earnest Money Deposit (EMD) of ₹95,000. This is a prime opportunity to acquire a property through a bank auction.
Borrower Name:Gowthami Anbarasu
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property, a house in Arakonam, Vellore, has moderate investment potential due to its location and price point. With a reserve price of ₹950000.0, it is a calculated risk. The auction terms are standard, and further due diligence is recommended to assess the property's market value and potential returns.
Contact Details
Branch:Branch Office : Corporate Office : Mumbai
Service Provider:Auctionbazaar
Contact Details:
Contact no: —
