Land And Building for auction Renganathapuram Dindigul 17 lakh IndusInd Bank

Property for Auction in Nagalnaickenpatti, Dindigul, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.5
Possession
Physical
Size
651 Sq feet
Reserve Price
17,43,000
Reserve Price
17,43,000
EMD Required
1,74,300
Property Specifications
Size651 Sq feet
Unit No.S No.137/A1, to the sub- divided S No. 137A/1A12
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Nagalnaickenpatti, Dindigul
Auction Date IconAuction Date:
17-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:610883

Bank Name:IndusInd Bank

Branch Name:Chennai

Reserve Price:17,43,000

EMD:1,74,300

Bid Increment:10,000

Auction Time:11 AM to 12.10 PM

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:2025-11-15

Bid Start Date:2025-11-17

Property Description

IndusInd Bank presents a prime land and building asset for auction in Nagalnaickenpatti, Dindigul, Tamil Nadu. This residential property, formerly owned by Mr. Victor, offers a significant opportunity in a developing area. The land and building are available for purchase via a SARFAESI auction. Dindigul is a well-connected city in Tamil Nadu, making this a potentially attractive investment for those looking to acquire property in the region.

State:Tamil Nadu

City:Dindigul

Area:Nagalnaickenpatti

Asset Category:Residential

Full Address:S No.137/A1, to the sub- divided S No. 137A/1A12, Door No.559, Ramar Colony, Renganathapuram Balakrishnapruam, Renganathapuram, Dindigul

Size:651 Sq feet

Auction Description

This is a SARFAESI auction conducted by IndusInd Bank for a land and building property located in Nagalnaickenpatti, Dindigul, Tamil Nadu. The auction is scheduled for November 17, 2025, commencing at 11:00 AM and concluding at 12:10 PM. The reserve price for this auction is ₹17,43,000, with an Earnest Money Deposit (EMD) of ₹1,74,300 required to participate. Interested bidders should ensure they meet all eligibility criteria and submit their bids within the specified auction window.

Borrower Name:Mr.Victor

Auction Type:SARFAESI Auction

Guarantor Names:Mrs.Mini Sheen Marypah W/o Victor

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property represents a calculated opportunity due to its location in Dindigul and the presence of a building on the land. The reserve price appears reasonable, and while more due diligence is required, the auction terms are standard. It is worth investigating further for potential value.

Contact Details

Branch:Branch Office : Chennai

Service Provider:bankeauctions.com / C1 India

Contact Details:

Mr.Veeraragavan

Contact no:7305014585

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