Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610404
Bank Name:Tamilnad Mercantile Bank Limited
Branch Name:KARAIKAL BRANCH
Reserve Price:₹26,39,000
EMD:₹2,63,900
Auction Time:1.00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-05
Bid Start Date:2025-12-05
Property Description
A prime residential land and building located in the well-connected area of Thirunallar, Puducherry. This property offers a great opportunity for buyers seeking a home or investment in a developing region. It is situated in a peaceful locality with essential amenities nearby. The asset is being auctioned by Tamilnad Mercantile Bank Limited.
State:Puducherry
City:Puducherry
Area:Thirunallar
Asset Category:Residential
Full Address:Plot No.2, Om Sakthi Nagar, R.S.No.14/7, O.S.Nos. 462/2, 468, 462/1, 464/1, 465/18, 451, 465/1A, 465/2, 464/2, Patta No.286 Plot No.2, No.22, Om Sakthi Nagar, Sayampalayam Road, Subbayapuram Village, Thirunallar, Thirunallar, Puducherry
Building/Society:Om Sakthi Nagar
Size:1818 Sq.ft
Auction Description
Tamilnad Mercantile Bank Limited is conducting a SARFAESI auction for a residential land and building in Thirunallar, Puducherry. The auction will take place on December 5, 2025, from 1:00 PM to 5:00 PM. The reserve price for this property is INR 26,39,000, with an Earnest Money Deposit (EMD) of INR 2,63,900. This is a significant opportunity to acquire property in a desirable location.
Borrower Name:Mrs. R.Kamala
Auction Type:SARFAESI Auction
Guarantor Names:Mrs.S.Sathyabama
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property in Thirunallar, Puducherry, presents a calculated opportunity due to its residential land and building configuration. With a moderate prime property score, the auction terms and reserve price should be carefully evaluated against potential rental yields or future appreciation in the area.
Contact Details
Branch:Branch Office : KARAIKAL BRANCH
Service Provider:Public Auction
Contact Details:
Authorised Officer
Contact no:9965522072
