Land and Building for auction Parvathipuram Vadalur, Cuddalore 31 lakh City Union Bank Limited

This bank auction presents an opportunity to acquire a residential land and building in Vadalur, Cuddalore, Tamil Nadu. The property is being auctioned by City Union Bank, formerly mortgaged by Mr. T. Ramachandhiran. Located in a developing area, this asset offers potential for residential use or investment. The SARFAESI auction provides a clear title transfer process.

City Union Bank is conducting a SARFAESI auction for a land and building property in Vadalur, Cuddalore, Tamil Nadu. The auction will take place on December 11, 2025, starting at 1:00 PM and concluding at 5:00 PM. The reserve price is set at ₹31,00,000, with an Earnest Money Deposit (EMD) of ₹3,10,000 required to participate. This is a prime opportunity to acquire a valuable asset directly from the bank.

The property in Vadalur, Cuddalore, represents a calculated opportunity due to its location and the bank auction sale terms. The relatively low reserve price compared to potential market value is a key factor. Prospective buyers should conduct thorough due diligence given the 'As is where is' basis of the sale.