Property for Auction in Pernambut, Vellore, Tamil Nadu
Auction ID:544829
Bank Name:Indian Overseas Bank
Branch Name:Regional Office : Vellore
Reserve Price:₹13,11,000
EMD:₹1,32,000
Service Provider:BAANKNET
Submission Date:05-08-2025 05:00 PM
Bid Start Date:06-08-2025 11:00 AM
This auction features a Land And Building property located in Pernambut, Vellore, Tamil Nadu. Classified under the residential asset category, this property was previously held by M/s Kavipriya Tiles & Marbles. Situated in the developing area of Pernambut, it offers potential for residential use or investment. The property is being auctioned by Indian Overseas Bank under the SARFAESI Act.
State:Tamil Nadu
City:Vellore
Area:Pernambut
Asset Category:Residential
Indian Overseas Bank invites bids for a SARFAESI auction of a residential property in Pernambut, Vellore, Tamil Nadu. The auction will take place on August 6, 2025, from 11:00 AM to 3:00 PM. The reserve price is ₹13,11,000, with an Earnest Money Deposit (EMD) of ₹1,32,000 required. The property, formerly collateral for M/s Kavipriya Tiles & Marbles, is a Land And Building. This is a prime opportunity to acquire a property in Vellore.
Borrower Name:M/s Kavipriya Tiles & Marbles
Auction Type:SARFAESI Auction
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