Land And Building for auction Thenkarai Periyakulam 79 lakh U GRO CAPITAL LIMITED

This SARFAESI auction presents a valuable opportunity to acquire a Land and Building property located in Periyakulam, Theni, Tamil Nadu. Previously owned by Sri Srinivasa Timber Depot, this residential asset is being auctioned by U GRO CAPITAL LIMITED. The property is situated in a well-established area, offering potential for residential use or investment. The auction will be conducted online, providing accessibility to a wide range of bidders.

U GRO CAPITAL LIMITED is conducting a SARFAESI auction for a Land and Building property in Periyakulam, Theni, Tamil Nadu. The bidding will commence on November 19, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this auction is ₹79,00,000, with an Earnest Money Deposit (EMD) of ₹7,90,000 required to participate. This is a prime opportunity to acquire a significant asset in the Tamil Nadu region through a transparent online auction process.

This property represents a calculated opportunity due to its location in Periyakulam and the established area of Thenkarai. The reserve price appears reasonable for the land and building asset, although potential buyers should carefully assess the site's specifics and auction terms before bidding. Given the location and property type, it could be a valuable acquisition.