Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612465
Bank Name:U GRO CAPITAL LIMITED
Branch Name:Mumbai
Reserve Price:₹2,15,00,000
EMD:₹21,50,000
Bid Increment:₹1,00,000
Auction Time:11 AM to 01 PM
Service Provider:Public Auction
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-08
Property Description
This SARFAESI auction presents a prime land parcel located in Kadampuliyur, Cuddalore, Tamil Nadu. The asset category is residential, offering potential for development or personal use. Situated in a developing area, this land provides a unique opportunity for investors and buyers looking to acquire property in the Cuddalore region.
State:Tamil Nadu
City:Cuddalore
Area:Kadampuliyur
Asset Category:Residential
Full Address:Meliuppu Village New S.No. 164/8, corresponding Old S.No. 128/5, 128/7 and New S.No. 164/7, corresponding Old S.No. 128/6, Kadampuliyur, Cuddalore
Size:11336 Sq.ft
Auction Description
U GRO CAPITAL LIMITED is conducting a SARFAESI auction for a valuable land property in Kadampuliyur, Cuddalore, Tamil Nadu. The auction is scheduled for December 9, 2025, with bidding open from 11:00 AM to 01:00 PM. The reserve price is set at INR 2,15,00,000, and the Earnest Money Deposit (EMD) is INR 21,50,000. This is a significant opportunity to purchase a land asset through a transparent auction process.
Borrower Name:ARUTPERUNJOTHI CASHEWS
Auction Type:SARFAESI Auction
Guarantor Names:PONNI ARITHARAN, A ARIDHARAN
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The land parcel in Kadampuliyur presents a calculated investment opportunity. The reserve price and EMD are considerable, and while the location may have potential, further due diligence is advised before bidding. The property type, being land, offers flexibility for various development options.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:Public Auction
Contact Details:
Dinesh M
Contact no:9087856096
