Property for Auction in Thamaraipadi, Dindigul, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612237
Bank Name:Union Bank of India
Branch Name:Stressed Asset Management Branch, Hyderabad
Reserve Price:₹19,90,00,000
EMD:₹1,99,00,000
Bid Increment:₹1,99,00,000
Auction Time:12.00 Noon to 05.00 PM
Service Provider:BAANKNET
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2023-11-25
This auction features a valuable Land and Building property located in Thamaraipadi, Dindigul, Tamil Nadu. The asset category is residential, offering significant potential for development or personal use. The property is being auctioned by the Union Bank of India under SARFAESI regulations. It represents a prime opportunity to acquire a substantial piece of real estate in a well-connected area.
State:Tamil Nadu
City:Dindigul
Area:Thamaraipadi
Asset Category:Residential
Full Address:Thamaraipadi village, Dindigul Taluk & District, Tamilnadu State, Thamaraipadi, Dindigul
Size:6.75 Acres
Union Bank of India is conducting a SARFAESI auction for a Land and Building property in Thamaraipadi, Dindigul, Tamil Nadu. The auction will take place on November 14, 2025, commencing at 12:00 PM and concluding at 5:00 PM. The reserve price is ₹19,90,00,000, with an Earnest Money Deposit (EMD) of ₹1,99,00,000. This is a unique opportunity to bid on a significant asset formerly held by M/s OSR INFRA PRIVATE LIMITED.
Borrower Name:M/s OSR INFRA PRIVATE LIMITED
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Nil
The property presents a calculated opportunity due to its significant land area and strategic location in Dindigul. The reserve price is substantial, requiring careful evaluation of market conditions. Auction terms seem standard, suggesting potential for investors with sufficient capital and due diligence.
Branch:Branch Office : Stressed Asset Management Branch, Hyderabad
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:7541812101