Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:612455
Bank Name:U GRO CAPITAL LIMITED
Branch Name:Mumbai
Reserve Price:₹36,00,000
EMD:₹3,60,000
Bid Increment:₹50,000
Auction Time:11 AM to 01 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-08
Bid Start Date:2025-12-09
Property Description
This SARFAESI auction presents a prime opportunity to acquire land and a building in Wallaja Taluk, Ranipet, Tamil Nadu. The property, categorized as residential, is being auctioned by U GRO CAPITAL LIMITED. This is a significant investment prospect within the growing Ranipet region.
State:Tamil Nadu
City:Ranipet
Area:Wallaja Taluk
Asset Category:Residential
Full Address:117, Plot No.117 situated at Anandhalai Village, Wallajah Tk, Ranipet Dt., comprised in Survey No.715/1B1, Anandhalai Village, Ranipet
Size:1200 Sq.Ft
Auction Description
U GRO CAPITAL LIMITED is conducting a SARFAESI auction for a residential land and building in Wallaja Taluk, Ranipet, Tamil Nadu. The auction starts on December 9, 2025, at 11:00 AM and concludes at 01:00 PM on the same day. The reserve price is set at ₹3,600,000, with an Earnest Money Deposit (EMD) of ₹360,000 required. This is a direct sale from the bank, offering clear title and a straightforward transaction process for interested bidders.
Borrower Name:S K HARDWARES
Auction Type:SARFAESI Auction
Guarantor Names:J KAMATCHI, P SARATHKUMAR
Why This Property
This property in Ranipet offers a calculated opportunity due to its land and building status with a reasonable reserve price. While the location may not be prime, the potential for development and the clear auction terms make it a worthwhile consideration for investors willing to assess local market conditions.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:Public Auction
Contact Details:
Dinesh M
Contact no:9087856096
