Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610837
Bank Name:Repco Home Finance Limited
Branch Name:regional office
Reserve Price:₹22,78,000
EMD:₹2,27,800
Bid Increment:₹20,000
Auction Time:11:00 a.m. - 12:00 Noon
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-09
Bid Start Date:2025-12-10
Property Description
This auction features a prime plot of Land And Building in Alangulam, Tenkasi, Tamil Nadu. The residential property is being auctioned by Repco Home Finance Limited as part of a SARFAESI action. The property offers a fantastic opportunity for investment or personal use in a developing area.
State:Tamil Nadu
City:Tenkasi
Area:Alangulam
Asset Category:Residential
Full Address:9/67, Ward 9, Irudhayapuram residential area, Kuthapanjan Panchayat, Papakudi Union. The property bears Door No.9/67, Irudhayapuram, Tenkasi
Size:3484.80 sq.ft.
Auction Description
Repco Home Finance Limited is conducting a SARFAESI auction for a Land And Building property in Alangulam, Tenkasi, Tamil Nadu. The auction will take place on December 10, 2025, starting at 11:00 AM and concluding at 12:00 PM. The reserve price is ₹22,78,000, with an EMD of ₹2,27,800 required to participate. Don't miss this chance to acquire a valuable asset.
Borrower Name:Mr.A.Alphonse
Auction Type:SARFAESI Auction
Guarantor Names:Mr.R.Antony, Mrs.Chellathai, Mr.P.Bhuvaneswaran
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a land and building in Alangulam, presents a reasonable opportunity given its location and size. The reserve price seems appropriate, but due diligence is required to ascertain the complete investment potential. Its location in Tenkasi could make it a good long-term investment.
Contact Details
Branch:Branch Office : regional office
Service Provider:bankeauctions.com / C1 India
Contact Details:
Branch Head
Contact no:04633-225152&9445796816
