Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609684
Bank Name:TRUHOME FINANCE LIMITED
Branch Name:Head Office : Mumbai
Reserve Price:₹42,18,120
EMD:₹4,21,812
Bid Increment:₹10,000
Auction Time:11:00 P.M. to 1.00 p.m.
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-13
Bid Start Date:2025-11-14
Property Description
A prime residential land and building located in the thriving area of Walaja, Vellore, Tamil Nadu. This SARFAESI auction property offers a unique opportunity for investment or personal use in a developing region. The asset is being auctioned by TRUHOME FINANCE LIMITED. Ideal for those looking to acquire property in a well-connected part of Vellore.
State:Tamil Nadu
City:Vellore
Area:Walaja
Asset Category:Residential
Full Address:Amanathangal Village, Walaja Taluk, Amanathangal Village, Vellore
Size:2000 Sq.Ft.
Auction Description
TRUHOME FINANCE LIMITED is conducting a SARFAESI auction for a residential land and building in Walaja, Vellore, Tamil Nadu. The auction is scheduled for November 14, 2025, from 11:00 AM to 01:00 PM. The reserve price is set at INR 42,18,120, with an Earnest Money Deposit (EMD) of INR 4,21,812. This is a significant opportunity to bid on a valuable property offered by the bank.
Borrower Name:Mr. P Rajendra Prakash
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not known
Why This Property
The property is a land and building in a developing area with a reasonable reserve price. While the location offers potential for growth, bidders should carefully consider the symbolic possession status and conduct thorough due diligence. This presents a calculated risk for investors seeking long-term value appreciation.
Contact Details
Branch:Branch Office : Head Office : Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
S Singh
Contact no:8428648685
