Land And Building for auction Vaiganallur South Village Karur 18 lakh Tata Capital Housing Finance Ltd

Property for Auction in Kulithalai, Karur, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
6540 Sq. ft.
Reserve Price
17,90,000
Reserve Price
17,90,000
EMD Required
1,79,000
Property Specifications
Size6540 Sq. ft.
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Kulithalai, Karur
Auction Date IconAuction Date:
18-11-2025 02:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609934

Bank Name:Tata Capital Housing Finance Ltd

Branch Name:Registered Office : Mumbai

Reserve Price:17,90,000

EMD:1,79,000

Auction Time:11 AM to 5.00 PM

Service Provider:bankauctions.in

Important Dates

Submission Date:2024-11-18

Bid Start Date:2024-10-24

Property Description

This offering is a Land and Building property located in Kulithalai, Karur, Tamil Nadu. The property is part of a SARFAESI auction conducted by Tata Capital Housing Finance Ltd. The borrower associated with this asset is MR PERIYASAMY. This is a residential asset.

State:Tamil Nadu

City:Karur

Area:Kulithalai

Asset Category:Residential

Full Address:Vaiganallur South Village, Krishnarayapuram taluk, Karur, comprised in the S.No.667/2C4,868/1C, 667/2C8, total extend of 6540 Sq. ft., Vaiganallur South Village, Karur

Size:6540 Sq. ft.

Auction Description

Tata Capital Housing Finance Ltd is conducting a SARFAESI auction for a Land and Building property in Kulithalai, Karur, Tamil Nadu. The auction will take place on November 18, 2025, from 2:00 PM to 3:00 PM. The reserve price for this residential asset is INR 1,790,000, with an Earnest Money Deposit (EMD) of INR 179,000.

Borrower Name:MR PERIYASAMY

Auction Type:SARFAESI Auction

Guarantor Names:MRS SRIDEVI

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property's location in Kulithalai and its size offer reasonable potential, but potential buyers should thoroughly investigate the local market conditions. The reserve price seems fair, and the auction terms are standard. Due diligence is crucial before bidding.

Contact Details

Branch:Branch Office : Registered Office : Mumbai

Service Provider:bankauctions.in

Contact Details:

Manish Bansal

Contact no:9999078663

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