Property for Auction in Veerapandi, Tiruppur, Tamil Nadu
Auction ID:553914
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Chennai
Reserve Price:₹39,00,000
EMD:₹3,90,000
Service Provider:bankauctions.in
Submission Date:18-08-2025 05:00 PM
Bid Start Date:19-08-2025 11:00 AM
The property up for auction is a Land and Building located in Veerapandi, a well-known area within Tiruppur, Tamil Nadu. This residential asset offers a significant opportunity for investment or personal use. Situated in a developing region, it presents potential for future appreciation. The specifics of the land area and building structure will be detailed in the auction documents. Being a bank auction, it's an excellent chance to purchase property directly from the financial institution. Enquire for further details regarding this land and building.
State:Tamil Nadu
City:Tiruppur
Area:Veerapandi
Asset Category:Residential
This is a SARFAESI auction conducted by Cholamandalam Investment And Finance Company Limited for a valuable property located in Veerapandi, Tiruppur, Tamil Nadu. The auction features a Land and Building asset, previously mortgaged by borrower MARUTHAI CHETTIAR NANDHAKUMAR MARUTHAI. The auction is scheduled to take place on August 19, 2025, from 11:00 AM to 01:00 PM. The reserve price for this residential property is INR 3,900,000, with an Earnest Money Deposit (EMD) of INR 390,000. Don't miss this opportunity to acquire a property in a prominent location.
Borrower Name:MARUTHAI CHETTIAR NANDHAKUMAR MARUTHAI
Auction Type:SARFAESI Auction
Contact Mr. Rahees - 8124000030 / Mrs. Virali - 6374845616