Property for Auction in woraiyur, Tiruchirappalli, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613970
Bank Name:Punjab National Bank
Branch Name:Stressed Asset Management Branch
Reserve Price:₹38,84,000
EMD:₹3,88,400
Bid Increment:₹50,000
Auction Time:10:00 am to 4:00 pm
Service Provider:BAANKNET
Submission Date:26-11-2025 10:00 AM
Bid Start Date:2025-11-26
This auction features a prime plot of land with an existing building in the well-established area of Woraiyur, Tiruchirappalli, Tamil Nadu. The property, previously associated with M/s Nathan & Co, offers a valuable opportunity for development or investment. Its location in a prominent city ensures good connectivity and access to local amenities. This SARFAESI auction provides a chance to acquire a tangible asset in a growing region.
State:Tamil Nadu
City:Tiruchirappalli
Area:woraiyur
Asset Category:Residential
Full Address:New T.S. No. 22/9, Mettu Street, Woraiyur, Woraiyur, Tiruchirappalli
Size:846 sq.ft
Punjab National Bank presents a SARFAESI auction for a Land and Building property in Woraiyur, Tiruchirappalli, Tamil Nadu. The auction will take place on November 26, 2025, starting at 10:00 AM and concluding at 4:00 PM. The reserve price is set at ₹38,84,000, with an Earnest Money Deposit (EMD) of ₹3,88,400 required to participate. This is a direct opportunity to bid on a residential asset directly from the bank.
Borrower Name:M/s Nathan & Co
Auction Type:SARFAESI Auction
Guarantor Names:Mr.T.M.Anantha Narayanan, Shri. A.Satish Kumar, Mrs. S.Hemapriya
Possession Status:Symbolic
Encumbrance Details:Nil
The property, a land and building in Woraiyur, Tiruchirappalli, presents a calculated opportunity due to its size and location. With a reserve price of ₹3884000 and symbolic possession, potential investors should carefully evaluate the property's condition and market value before bidding. The location and property type provide a moderate investment appeal.
Branch:Branch Office : Stressed Asset Management Branch
Service Provider:BAANKNET
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