Land And Building for auction Sathuvachari Vellore 70 lakh Indian Bank

This auction features a valuable land and building asset located in the prime area of Sathuvachari, Vellore, Tamil Nadu. The property is categorized as residential and is offered by Indian Bank. It presents a significant opportunity for investment in a well-developed locality known for its accessibility and amenities. The current owner is Mr.S.S. Vasan. The asset is available through a SARFAESI auction, indicating a clear title and a straightforward transaction process. This is a must-consider property for discerning buyers looking for real estate in Vellore.

Indian Bank is conducting a SARFAESI auction for a residential land and building property in Sathuvachari, Vellore, Tamil Nadu. The auction is scheduled for November 19, 2025, commencing at 10:00 AM and concluding at 4:00 PM on the same day. The reserve price for this asset is INR 6,950,000.00, with an Earnest Money Deposit (EMD) of INR 695,000.00 required to participate. This is a direct sale from the bank, ensuring transparency and security for all bidders. Don't miss this chance to acquire a prime property in Vellore.

The property, located in Sathuvachari, Vellore, is a land and building under symbolic possession, potentially limiting immediate use. Given the moderate reserve price of ₹6950000.0 and clear title, it presents a calculated investment opportunity for those willing to navigate the symbolic possession.