Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609914
Bank Name:Tata Capital Housing Finance Ltd
Branch Name:Registered Office : Mumbai
Reserve Price:₹30,00,000
EMD:₹3,00,000
Service Provider:bankauctions.in
Important Dates
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 02:00 PM
Property Description
This auction features a valuable plot of land in Erode, Tamil Nadu, presented by Tata Capital Housing Finance Ltd. Located in the Erode area, this residential land offers a significant opportunity for development or investment. The property is being auctioned under the SARFAESI Act. Don't miss this chance to acquire land in a developing region of Tamil Nadu. The land is offered for sale by Tata Capital Housing Finance Ltd, who are acting as the secured creditor.
State:Tamil Nadu
City:Erode
Area:Erode
Asset Category:Residential
Full Address:188, Kasa No. 1032/1, House site No. 188, Kasipalayam Panchayat Ward No.1, Gandhiji Street, at Previous Kasipalayam 3rd Municipality, at Present Erode City Corporation, Kasipalayam, Erode
Size:1080 Sq.ft
Auction Description
Tata Capital Housing Finance Ltd presents a SARFAESI auction for a residential land parcel in Erode, Tamil Nadu. The auction will commence on November 18, 2025, at 02:00 PM and conclude on the same day at 03:00 PM. The reserve price for this property is ₹30,00,000, with an Earnest Money Deposit (EMD) of ₹3,00,000 required to participate. This is a unique opportunity to bid on a land asset in Erode, facilitated by Tata Capital Housing Finance Ltd. Ensure you are registered and prepared to bid within the specified auction window.
Borrower Name:MR. PRAVEENKUMAR S
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in Erode, a developing city in Tamil Nadu. Given the relatively low reserve price compared to potential market value and physical possession status, it represents a calculated opportunity for investors seeking land for development or future appreciation. Further due diligence on local market conditions is recommended.
Contact Details
Branch:Branch Office : Registered Office : Mumbai
Service Provider:bankauctions.in
Contact Details:
Contact no: —
