Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614642
Bank Name:South Indian Bank
Branch Name:Regional Office : Madurai
Reserve Price:₹78,16,000
EMD:₹7,81,600
Bid Increment:₹50,000
Auction Time:02:00 PM to 03:00 PM
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-12-18
Bid Start Date:2025-12-19
Property Description
This is a land property located in Pattukkottai, Thanjavur, Tamil Nadu. It is being auctioned by South Indian Bank as part of a SARFAESI action. The property is categorized as residential land.
State:Tamil Nadu
City:Thanjavur
Area:Pattukkottai
Asset Category:Residential
Full Address:S.No. 178/28 (Old S.No.178/2) in Eripurakkarai Village, Eripurakkarai Village, Pattukkottai
Size:56.56 cents
Auction Description
South Indian Bank is conducting a SARFAESI auction for a land property in Pattukkottai, Thanjavur. The auction will take place on December 19, 2025, between 02:00 PM and 03:00 PM. The reserve price for this residential land is ₹78,16,000, with an Earnest Money Deposit (EMD) of ₹7,81,600. This is an opportunity to acquire land in a prominent location.
Borrower Name:Mr.Subramanian V
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Muthukumar S
Legal Details
Possession Status:Physical
Encumbrance Details:Nil Encumbrances from 21.04.2015 to 03.11.2025
Why This Property
The property is a land with a commercial building in Pattukkottai, offered at a reserve price of ₹7816000.0. While the location is not a major metropolitan area, the presence of a commercial building adds value. This represents a calculated opportunity for investors familiar with the local market.
Contact Details
Branch:Branch Office : Regional Office : Madurai
Service Provider:bankauctions.in
Contact Details:
Contact no:9894647220/9944522406
