Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:606276
Bank Name:Karur Vysya Bank
Branch Name:Asset Recovery Branch
Reserve Price:₹29,00,000
EMD:₹2,90,000
Bid Increment:₹50,000
Auction Time:03:00 PM to 04:00 PM
Service Provider:matex.net
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This is a residential land and building property located in Gudiyatham, Vellore, Tamil Nadu, under auction by Karur Vysya Bank. The property is associated with borrower Mr. Azaruddin. A.
State:Tamil Nadu
City:Vellore
Area:Gudiyatham
Asset Category:Residential
Full Address:11, House Plot no:11, Kallur Village, Sevoor Village Madura, Gudiyattam Taluka, Kallur Village, Vellore
Size:1000.00 Sq.ft
Auction Description
Karur Vysya Bank is conducting a SARFAESI auction for a land and building property in Gudiyatham, Vellore, Tamil Nadu. The auction will commence on November 28, 2025, at 3:00 PM and conclude at 4:00 PM on the same day. The reserve price is set at ₹29,00,000, with an Earnest Money Deposit (EMD) of ₹2,90,000 required to participate.
Borrower Name:Mr. Azaruddin. A
Auction Type:SARFAESI Auction
Guarantor Names:Mrs.Rehana Begum
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential land and building in Gudiyatham, Vellore, offered at a reserve price of ₹2900000. While the location is not a major metropolitan area, the property size and clear title make it a reasonable investment. The auction terms are standard, and the potential for appreciation exists.
Contact Details
Branch:Branch Office : Asset Recovery Branch
Service Provider:matex.net
Contact Details:
Assistant General Manager
Contact no:8939869789
