Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609745
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹7,00,000
EMD:₹70,000
Auction Time:01:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-21
Bid Start Date:2025-11-21
Property Description
This is a residential house located in Chidambaram, Cuddalore, Tamil Nadu. It is a SARFAESI auction property, formerly owned by Mr. T. Senthilkumar. The property is being auctioned by City Union Bank.
State:Tamil Nadu
City:Cuddalore
Area:Chidambaram
Asset Category:Residential
Full Address:Plot No.30, Dr. M.A.M Nagar, Phase 1, Thiruvakkulam Village in Dr. M.A.M Nagar, Phase 1 is comprised in R.S.No.41/2A2 and 43/1, Thiruvakkulam Village, Chidambaram
Building/Society:Dr. M.A.M Nagar, Phase 1
Size:2648.25 Sq.feet
Auction Description
City Union Bank is conducting a SARFAESI auction for a residential house in Chidambaram, Cuddalore, Tamil Nadu. The auction will take place on 21-11-2025 from 01:00 PM to 02:00 PM. The reserve price for this auction is ₹7,00,000, with an Earnest Money Deposit (EMD) of ₹70,000.
Borrower Name:Mr. T. Senthilkumar
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. S. Deepa
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house site in Chidambaram with a reasonable reserve price. While the location might not be prime, the price point makes it a calculated opportunity for potential buyers. Further due diligence on the location and market value is recommended.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:04144-230043
