Property for Auction in Gudiyatham, Vellore, Tamil Nadu
Auction ID:545279
Bank Name:Bank of India
Branch Name:CHENNAI ASSET RECOVERY BRANCH
Reserve Price:₹26,00,000
EMD:₹2,60,000
Service Provider:BAANKNET
Submission Date:07-08-2025 05:00 PM
Bid Start Date:08-08-2025 11:00 AM
This property is a piece of land located in Gudiyatham, within the Vellore district of Tamil Nadu. Classified as residential land, it is being auctioned by the Bank of India under the SARFAESI Act. The borrower associated with this property is M/s. Kumar Stores. The land offers a promising opportunity for development or investment in the region. Its location in Gudiyatham provides access to local amenities and infrastructure.
State:Tamil Nadu
City:Vellore
Area:Gudiyatham
Asset Category:Residential
Bank of India invites bids for a SARFAESI auction of land in Gudiyatham, Vellore, Tamil Nadu. The auction will be held on August 8, 2025, from 11:00 AM to 5:00 PM. The reserve price for this residential land is ₹26,00,000, with an Earnest Money Deposit (EMD) of ₹2,60,000 required. This is an opportunity to acquire a valuable plot in a developing area. All interested parties are encouraged to participate. For further details and terms and conditions, please refer to the official auction notice.
Borrower Name:M/s. Kumar Stores
Auction Type:SARFAESI Auction
Contact details +91 8291220220