Land for auction Ammoor Arakonam 21 lakh Union Bank of India

Property for Auction in Arakonam, Vellore, Tamil Nadu

Recommendation
Calculated OpportunityScore: 5.8
Possession
Symbolic
Size
636 Sq.ft.
Reserve Price
21,20,000
Reserve Price
21,20,000
EMD Required
2,12,000
Property Specifications
Size636 Sq.ft.
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Arakonam, Vellore
Auction Date IconAuction Date:
14-11-2025 12:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 5.8

Auction ID:609787

Bank Name:Union Bank of India

Branch Name:Regional Office : Kancheepuram

Reserve Price:21,20,000

EMD:2,12,000

Bid Increment:21,200

Auction Time:12:00 PM to 05:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:13-11-2025 05:00 PM

Bid Start Date:2025-11-14

Property Description

This is a vacant land property located in Arakonam, Vellore, Tamil Nadu. The land is being auctioned by Union Bank of India under SARFAESI provisions. It is a residential asset belonging to Mr. R Subramani. The property offers a great opportunity for development or investment in a growing area.

State:Tamil Nadu

City:Vellore

Area:Arakonam

Asset Category:Residential

Full Address:Ammoor Village, Survey No.664, New Sub Division S No.664/60- Manaivari Patta No. 663. Eswaran Koil Street, Vacant Site and House Building Constructed therein Measuring. Tank Street, Vacant site and house building constructed therein measuring East to West both side 12 feet, North to South both side 53 feet, Ammoor, Arakonam

Size:636 Sq.ft.

Auction Description

Union Bank of India is conducting a SARFAESI auction for a land property in Arakonam, Vellore, Tamil Nadu. The auction will take place on November 14, 2025, starting at 12:00 PM and ending at 05:00 PM. The reserve price for this residential land is ₹21,20,000, with an Earnest Money Deposit (EMD) of ₹2,12,000 required to participate. This is a prime opportunity to acquire land in a developing region.

Borrower Name:Mr. R Subramani

Auction Type:SARFAESI Auction

Guarantor Names:Mrs. Bhagyalakshmi, Mrs. Valarmathi Mani, Mr. Mani Munusamy

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property is a land in a developing area, offered at a reasonable reserve price. While the location might not be prime, the auction terms are standard and the potential for future development makes it a calculated opportunity for investors looking for long-term gains.

Contact Details

Branch:Branch Office : Regional Office : Kancheepuram

Service Provider:BAANKNET

Contact Details:

Mrs. Gowri Shankari J

Contact no:7358943419

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