Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609615
Bank Name:Tamilnad Mercantile Bank Limited
Branch Name:Thuraiyur Branch
Reserve Price:₹54,29,000
EMD:₹5,42,900
Auction Time:12:30 PM
Service Provider:Public Auction
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2025-11-20
Property Description
This is a SARFAESI auction for a residential land and building located in Trichy, Tiruchirappalli, Tamil Nadu. The property is associated with borrower Mr G Saravanan and is being auctioned by Tamilnad Mercantile Bank Limited. This is an opportunity to acquire a land and building asset in a key area of Tamil Nadu.
State:Tamil Nadu
City:Tiruchirappalli
Area:Trichy
Asset Category:Residential
Full Address:Devangar Nagar, Door No.3/436 (old), 4/222 (new) Devangar Nagar, Madhurapuri Village, Venkatesapuram Majara, Thuraiyur Taluk, Trichy District, Devangar Nagar, Trichy
Building/Society:Devangar Nagar
Size:3733 Sq ft
Auction Description
Tamilnad Mercantile Bank Limited is conducting a SARFAESI auction for a residential land and building in Trichy, Tiruchirappalli on November 20, 2025. The auction will take place between 12:30 PM and 01:30 PM. The reserve price for this auction is ₹54,29,000.00, with an Earnest Money Deposit (EMD) of ₹5,42,900.00 required to participate. Interested bidders should review all auction terms and conditions.
Borrower Name:Mr G Saravanan
Auction Type:SARFAESI Auction
Guarantor Names:Mrs.D.Tamilselvi, Mr.D.Ravi
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is located in Trichy, a developing area, presenting an opportunity for investment. The reserve price is reasonable. It requires careful consideration of the location and auction terms before bidding.
Contact Details
Branch:Branch Office : Thuraiyur Branch
Service Provider:Public Auction
Contact Details:
Contact no: —
