Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612534
Bank Name:TRUHOME FINANCE LIMITED
Branch Name:Head Office : Mumbai
Reserve Price:₹25,57,000
EMD:₹2,55,700
Bid Increment:₹10,000
Auction Time:11.00 A.M. to 01.00 p.m.
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-04
Bid Start Date:2025-12-05
Property Description
This offering presents a unique opportunity to acquire a land and building asset located in Gummudipundi Taluk, Tiruvallur, Tamil Nadu. As a residential property, it holds potential for various uses. The property is part of a SARFAESI auction conducted by TRUHOME FINANCE LIMITED, presenting a chance to invest in the Tiruvallur region. The borrower for this asset is Mr. Anwar.
State:Tamil Nadu
City:Tiruvallur
Area:Gummudipundi Taluk
Asset Category:Residential
Full Address:Gramanatham S.No. 350/1, Block No. 22, Arambakkam Village, Gumidipoondi Taluk, Thiruvallur District, Arambakkam Village, Tiruvallur
Size:545 Sq. Ft.
Auction Description
TRUHOME FINANCE LIMITED is conducting a SARFAESI auction for a land and building property in Gummudipundi Taluk, Tiruvallur, Tamil Nadu. The auction will commence on December 5, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this residential asset is ₹2,557,000.0, with an Earnest Money Deposit (EMD) of ₹255,700.0 required to participate. This is a prime opportunity for interested buyers to bid on the property.
Borrower Name:Mr. Anwar
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Abdul Gafar, Mrs. Sulaika Bee
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not known
Why This Property
The property offers a reasonable opportunity given its location in Gummudipundi and the land size. The reserve price seems appropriate for the area, but potential buyers should thoroughly inspect the property and assess local market conditions before bidding. The symbolic possession status indicates potential delays or legal challenges.
Contact Details
Branch:Branch Office : Head Office : Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
James Clement
Contact no:7200281906
