Property for Auction in Pinchi, Ranipet, Tamil Nadu
Auction ID:545283
Bank Name:Bank of India
Branch Name:CHENNAI ASSET RECOVERY BRANCH
Reserve Price:₹3,20,00,000
EMD:₹32,00,000
Service Provider:BAANKNET
Submission Date:07-08-2025 05:00 PM
Bid Start Date:08-08-2025 11:00 AM
A substantial parcel of land located in Pinchi, Ranipet, Tamil Nadu. This residential asset offers a blank canvas for development or investment. Situated in a growing area, the land provides ample space and potential. As a bank auction property, it represents a direct opportunity to secure real estate. The location in Ranipet, a key industrial and commercial hub in Tamil Nadu, adds to its strategic importance.
State:Tamil Nadu
City:Ranipet
Area:Pinchi
Asset Category:Residential
This SARFAESI auction, conducted by the Bank of India, features a prime plot of land in Pinchi, Ranipet, Tamil Nadu. The auction starts on August 8, 2025, at 11:00 AM and concludes at 5:00 PM on the same day. The reserve price is set at ₹3,20,00,000, with an Earnest Money Deposit (EMD) of ₹32,00,000 required to participate. This is a significant opportunity to acquire valuable land in a developing region. Don't miss out on this bank auction for the property formerly associated with M/s. Sambandam & Sons.
Borrower Name:M/s. Sambandam & Sons
Auction Type:SARFAESI Auction
Contact details +91 8291220220