Land for auction 1 Ward-E of previously Amburpettai Villa, Vaniyambadi, Vellore by Indi...

Property for Auction in Vaniyambadi Taluk, Vellore, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Vaniyambadi Taluk, Vellore
Auction Date IconAuction Date:
05-08-2025 11:00 AM

Auction Details

Auction ID:539435

Bank Name:Indian Bank

Branch Name:Stressed Assets Management Branch

Reserve Price:4,18,00,000

EMD:41,80,000

Service Provider:BAANKNET

Important Dates

Submission Date:04-08-2025 05:00 PM

Bid Start Date:05-08-2025 11:00 AM

Property Description

The property consists of a factory land and building located in Konamedu Industrial Estate, Valayambut, Vaniyambadi Taluk, Vellore District, Tamil Nadu. The total land area is 2.92 Acres (1,27,195 Sq. ft.). Additionally, there are two parcels of vacant land: one measuring 116.46 Cents and another measuring 0.06 Cents (2738 Sq. ft.), situated within Vaniyambadi Municipality Town. The property is mortgaged by Mr. S. Galeel Rahman and associated with M/s. Nafisa Overseas. Encumbrances on the property are listed as Nil.

State:Tamil Nadu

City:Vellore

Area:Vaniyambadi Taluk

Asset Category:Residential

Auction Description

Indian Bank is conducting a SARFAESI auction for mortgaged assets in Vaniyambadi Taluk, Vellore, Tamil Nadu. The auction includes factory land and building admeasuring 1,27,195 Sq. ft. on 2.92 Acres, along with vacant land parcels measuring 116.46 Cents and 0.06 Cents (2738 Sq. ft.). The property is situated at Konamedu Industrial Estate, Valayambut, Vaniyambadi village, with a reserve price of INR 4,18,00,000.00 and EMD of INR 41,80,000.00. The auction is managed by BAANKNET. The property is listed under PROPERTY ID: IDIB6295508025.

Borrower Name:M/s. Nafisa Overseas

Auction Type:SARFAESI Auction

Contact Details

Contact Telephone: 044-2821 6711 email: armbä[email protected]

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