Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613337
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹26,12,000
EMD:₹2,61,200
Bid Increment:₹25,000
Auction Time:10:00 am to 04:00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:26-11-2025 10:00 AM
Bid Start Date:2025-11-26
Property Description
This auction features a valuable Land and Building property located in the Thiruverumbur area of Tiruchirappalli, Tamil Nadu. Previously owned by M/s Raghul Pure Mineral Waters, this asset falls under the Residential category. Situated in a developing region, it offers potential for various uses. The property is being auctioned by Punjab National Bank under the SARFAESI Act.
State:Tamil Nadu
City:Tiruchirappalli
Area:Thiruverumbur
Asset Category:Residential
Full Address:36, Tiruchirapalli City Corporation, WD 41, Door No 36, 3rd Street, Gandhi Nagar, Tiruverumbur Taluka, Gandhi Nagar, Tiruchirappalli
Size:1750 Sq Ft
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a Land and Building property in Thiruverumbur, Tiruchirappalli, Tamil Nadu. The auction will take place on November 26, 2025, starting at 10:00 AM and ending at 04:00 PM. The reserve price for this auction is INR 26,12,000, with an Earnest Money Deposit (EMD) of INR 2,61,200 required to participate. This is a unique opportunity to acquire a property in a strategic location.
Borrower Name:M/s Raghul Pure Mineral Waters
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Selvi S, Mr. Raghul S, Mr. Abhishek S
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not known
Why This Property
The property presents a calculated opportunity due to its location in Thiruverumbur, Tiruchirappalli and building setup. The reserve price is reasonable, warranting further investigation into local market conditions and potential returns.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Contact no: —
