Property for Auction in Pattukkottai, Thanjavur, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610900
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹22,00,000
EMD:₹2,20,000
Auction Time:01.00 PM
Service Provider:Public Auction
Submission Date:10-12-2025 12:00 PM
Bid Start Date:2025-12-10
City Union Bank is auctioning a prime Land and Building property in Pattukkottai, Thanjavur, Tamil Nadu. This residential asset, previously owned by Mr. K.M. Kumanan, offers a significant investment opportunity in a developing area. The property is suitable for residential purposes and presents a chance to acquire real estate in a well-connected region. Its location in Pattukkottai, a notable town within Thanjavur district, makes it attractive for future development or personal use. The details of the land and building structure are available upon request. Interested parties should review all available documentation before participating in the auction.
State:Tamil Nadu
City:Thanjavur
Area:Pattukkottai
Asset Category:Residential
Full Address:1, Plot No. 1, Comprised in RS No: 3/2821 (Old No: 3/28), Veeiyangkottal Village, Pattukkottai
Size:2930 Sft
This SARFAESI Auction, conducted by City Union Bank, features a Land and Building property in Pattukkottai, Thanjavur, Tamil Nadu. The auction will take place on December 10, 2025, commencing at 01:00 PM and concluding at 02:00 PM. The reserve price is set at ₹22,00,000, with an Earnest Money Deposit (EMD) of ₹2,20,000 required to participate. This is a unique opportunity to acquire a residential property through a transparent and legally compliant auction process. Bidders are advised to conduct their due diligence thoroughly, including property inspection and legal verification, prior to the auction date. All terms and conditions of the SARFAESI Act will apply.
Borrower Name:Mr.K.M. Kumanan
Auction Type:SARFAESI Auction
Guarantor Names:Mr.K.Manivannan, Mrs.M.Sevanthi
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property in Pattukkottai presents a calculated opportunity due to its location and land size. At a reserve price of ₹22,00,000, it offers potential for value appreciation. However, auction terms should be carefully reviewed before bidding.
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:04373-252293