Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609608
Bank Name:Tamilnad Mercantile Bank Limited
Branch Name:Thuraiyur Branch
Reserve Price:₹1,62,00,000
EMD:₹16,20,000
Bid Increment:₹10,000
Auction Time:12:30 PM to 1.30 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This is a SARFAESI auction for a residential land and building located in Thuraiyur, Tiruchirappalli, Tamil Nadu. The property is being auctioned by Tamilnad Mercantile Bank Limited.
State:Tamil Nadu
City:Tiruchirappalli
Area:Thuraiyur
Asset Category:Residential
Full Address:S.F.No.197/7, Puliancholai Road, Murugur Village, Thuraiyur Taluk, Ariyalur Registration District, Murugur Village, Tiruchirapalli
Size:1.00 acre
Auction Description
The auction for this land and building in Thuraiyur, Tiruchirappalli will be conducted by Tamilnad Mercantile Bank Limited on November 20, 2025. The auction starts at 12:30 PM and ends at 01:30 PM. The reserve price is ₹1,62,00,000 and the Earnest Money Deposit (EMD) is ₹16,20,000. This is a SARFAESI auction concerning Mr G Saravanan.
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 offers a good opportunity due to its location and agricultural potential, but the specific details of the rice mill and the overall market conditions require careful evaluation. The reserve price seems reasonable given the size of the land, but a thorough due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Thuraiyur Branch
Service Provider:Public Auction
Contact Details:
Authorized Officer
Contact no:079-40230825
