Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614727
Bank Name:Repco Home Finance Limited
Branch Name:Pudukottai Branch
Reserve Price:₹11,21,000
EMD:₹1,12,100
Bid Increment:₹10,000
Auction Time:11:00 a.m. - 12:00 Noon
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-12-15
Bid Start Date:2025-12-16
Property Description
A residential land and building located in Pudukkottai, Pudukkottai, Tamil Nadu, is up for auction. This property is being auctioned by Repco Home Finance Limited. It presents a valuable opportunity for investment or personal use in a developed area.
State:Tamil Nadu
City:Pudukkottai
Area:Pudukottai
Asset Category:Residential
Full Address:14, Andakulam Village, Natham Patta No.32, comprised in New Survey No.175/13, Natham 0.01.5 ares or 150 sq.mtrs, Door No.14, EB SC No.657, Andakulam Village, Pudukkottai
Size:150 sq.mtrs
Auction Description
This is a SARFAESI auction conducted by Repco Home Finance Limited for a residential land and building in Pudukkottai, Pudukkottai, Tamil Nadu. The auction will commence on December 16, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price is ₹11,21,000, with an Earnest Money Deposit (EMD) of ₹1,12,100. This auction pertains to the property of Mr. A. Mathivanan.
Borrower Name:Mr.A.Mathivanan
Auction Type:SARFAESI Auction
Guarantor Names:Mr.V.Ravichandran
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property in Andakulam, Pudukkottai presents a calculated opportunity, primarily due to its land value and building structure. While not a prime investment, the reserve price and location suggest potential for development or resale. The auction terms are standard, necessitating due diligence regarding market conditions and future growth prospects in the area.
Contact Details
Branch:Branch Office : Pudukottai Branch
Service Provider:bankauctions.in
Contact Details:
M/s. 4Closure, Mr.M.Kiranmai
Contact no:8142000066
