Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612533
Bank Name:TRUHOME FINANCE LIMITED
Branch Name:Head Office : Mumbai
Reserve Price:₹53,75,000
EMD:₹5,37,500
Bid Increment:₹10,000
Auction Time:11.00 A.M. to 01.00 p.m.
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-04
Bid Start Date:2025-12-05
Property Description
This is a SARFAESI auction for a residential Land and Building property located in Avadi Taluk, Tiruvallur, Tamil Nadu. The property is being auctioned by TRUHOME FINANCE LIMITED. This is a valuable opportunity to acquire a property in a well-known area. The borrower's name is Mr. Vetrivel S.
State:Tamil Nadu
City:Tiruvallur
Area:Avadi Taluk
Asset Category:Residential
Full Address:6, Boombuhar Nagar, Plot No.6, S.No. 1/2 as Per Patta New S.No. 1/15, CMDA Approval PPD/L.0 No. 49/2020 Layout known as "Boombuhar Nagar", Nadunkuthagai Village, Avadi Taluk, Thiruvallur District, Nadunkuthagai Village, Tiruvallur
Building/Society:Boombuhar Nagar
Size:887 Sq.Ft.
Auction Description
TRUHOME FINANCE LIMITED is conducting an online SARFAESI auction for a Land and Building property in Avadi Taluk, Tiruvallur, Tamil Nadu. The auction will take place on December 5, 2025, from 11:00 AM to 01:00 PM. The reserve price for this auction is ₹53,75,000.00, with an Earnest Money Deposit (EMD) of ₹5,37,500.00 required to participate. This is a significant opportunity for potential buyers.
Borrower Name:Mr. Vetrivel S
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not known
Why This Property
The property, located in Avadi, presents a calculated opportunity due to its land and building nature and the developing locality. The reserve price seems reasonable, but a thorough market analysis is recommended before bidding. Inspection is advised to assess the building's condition.
Contact Details
Branch:Branch Office : Head Office : Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
James Clement
Contact no:7200281906
