Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610570
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹10,00,000
EMD:₹1,00,000
Auction Time:01:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2025-11-20
Property Description
City Union Bank is auctioning a residential land and building located in Chettinaickenpatti, Dindigul, Tamil Nadu. This is a SARFAESI auction for the property formerly belonging to Mr. R. Anbuselvam. The property offers a great opportunity for development or personal use in a well-established area.
State:Tamil Nadu
City:Dindigul
Area:Chettinaickenpatti
Asset Category:Residential
Full Address:Plot No.20A, Mayavan Nagar, D Section, Chettinayakkenpatty Village in S.No.238/1, 2,3 also in the S.No. 235/3, also in the S.Nos.232/1A2 and 239/1, Chettinaickenpatti, Dindigul
Building/Society:Mayavan Nagar, D Section
Size:2400 Sq. ft.
Auction Description
An online SARFAESI auction will be held by City Union Bank on November 20, 2025, from 11:00 AM to 01:00 PM. The auction is for a residential land and building in Chettinaickenpatti, Dindigul. The reserve price is ₹1,000,000.0, with an Earnest Money Deposit (EMD) of ₹100,000.0 required to participate. Don't miss this chance to acquire a valuable asset.
Borrower Name:Mr. R. Anbuselvam
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Raman, Mrs. Ponnamal
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated risk given its location in Chettinaickenpatti and its classification as land and building. The reserve price of ₹10,00,000 makes it accessible, but potential investors should carefully assess the local market conditions and development potential. The auction terms require careful adherence to ensure a successful bid.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:0451-2434487
