Property for Auction in Nagalnaickenpatti, Dindigul, Tamil Nadu
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
Submission Date:2025-11-15
Bid Start Date:2025-11-17
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
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
Possession Status:Physical
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Chennai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr.Veeraragavan
Contact no:7305014585