Land And Building for auction Am-manathangal Village Ranipet 4 Cr U GRO Capital Limited

This auction features a significant land and building asset located in Wallaja Taluk, Ranipet, Tamil Nadu. The property, categorized as residential, is being auctioned by U GRO CAPITAL LIMITED under the SARFAESI Act. It presents an excellent opportunity for investment in a developing region. The borrower is M/s. SREE SAI STEEL FABRICATORS. The property consists of both land and a building, offering versatile potential for use or development.

U GRO CAPITAL LIMITED is conducting a SARFAESI auction for a valuable land and building property in Ranipet, Tamil Nadu. The auction has a reserve price of ₹4,17,00,000 and requires an Earnest Money Deposit (EMD) of ₹41,70,000. The bidding process will take place on November 19, 2025, commencing at 11:00 AM and concluding at 01:00 PM. This is a prime opportunity to acquire a substantial asset in the Ranipet district.

The property's location in the industrial area of Ranipet, combined with its size, makes it a valuable asset. The reserve price appears reasonable, presenting a strong opportunity for investment. However, prospective buyers should conduct thorough due diligence regarding encumbrances and local market conditions.