Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613141
Bank Name:South Indian Bank
Branch Name:Regional Office
Reserve Price:₹22,00,000
EMD:₹2,20,000
Bid Increment:₹50,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:matex.net
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This auction features a valuable parcel of land located in Illupur, Pudukkottai, Tamil Nadu. The property, categorized as residential, offers a prime opportunity for development or investment in a growing region. Its specific location within Illupur ensures accessibility and potential for future appreciation. Ideal for builders, developers, or individuals seeking land ownership in this part of Tamil Nadu.
State:Tamil Nadu
City:Pudukkottai
Area:Illupur
Asset Category:Residential
Full Address:Sy No.71/7 within Veerapatti Village, Illupur Taluk, Pudukottai District, Illupur, Pudukkottai
Size:5330 Sq.ft.
Auction Description
South Indian Bank presents a SARFAESI auction for a land parcel in Illupur, Pudukkottai. This is a unique opportunity to acquire a residential land asset. The auction has a reserve price of INR 22,00,000 and requires an EMD of INR 2,20,000. The auction will be conducted online, starting on November 28, 2025, at 11:30 AM and concluding at 12:30 PM on the same day. Don't miss this chance to bid on this significant property.
Borrower Name:M/s.Saleem Timber Traders Private Limited,
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Ramzan Begum, Mr.Oli Mohammed Askar Sulthan, Mr.Mohammed Sultan Oli Mohammed, Mr. Oli Mohammed Saleem, Mr.Salam Pearis.0
Legal Details
Possession Status:Symbolic
Encumbrance Details:Nil Encumbrances from 01.01.2020 to 20.10.2024
Why This Property
The property is a land parcel in a developing area. The reserve price is moderate, and the auction terms are standard, making it a calculated risk for investors seeking land in Pudukkottai. Further due diligence on local market trends is advised.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:matex.net
Contact Details:
Mr.Balasubramani D. / Mr.Arunkumar R.
Contact no:8056487755/9894647220
