Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609686
Bank Name:TRUHOME FINANCE LIMITED
Branch Name:Head Office : Mumbai
Reserve Price:₹16,36,200
EMD:₹1,63,620
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
This bank auction features a land and building property located in Arani Taluk, Tiruvannamalai, Tamil Nadu. The property belongs to Mr. Pazhani V and is being auctioned by TRUHOME FINANCE LIMITED under the SARFAESI Act. It is categorized as residential asset. The land and building offer a significant opportunity for investment or development in this region.
State:Tamil Nadu
City:Tiruvannamalai
Area:Arani Taluk
Asset Category:Residential
Full Address:Punjai Old S.No.523/48, New S.No.578/12, Ariyapadi Village, Arani Taluk, Tiruvannamalai District-632 314, Ariyapadi Village, Tiruvannamalai
Size:968 Sq. Feet
Auction Description
TRUHOME FINANCE LIMITED is conducting a SARFAESI auction for a land and building property in Arani Taluk, Tiruvannamalai, Tamil Nadu. The reserve price for this auction is ₹16,36,200, with an Earnest Money Deposit (EMD) of ₹1,63,620. The auction will take place on November 14, 2025, starting at 11:00 AM and concluding at 01:00 PM. This is a prime opportunity to acquire a valuable asset in Tiruvannamalai.
Borrower Name:Mr. Pazhani V
Auction Type:SARFAESI Auction
Guarantor Names:S Vinayagam, Mrs. Kalaiselvi Pzhani, W.o. Pazhani V
Legal Details
Possession Status:Physical
Encumbrance Details:Not known
Why This Property
The property presents a calculated opportunity due to its location in Ariyapadi and the potential for development. The reserve price seems reasonable, and the auction terms are standard. However, further due diligence is recommended to assess the local market and property's development potential.
Contact Details
Branch:Branch Office : Head Office : Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
S Singh
Contact no:8428648685
