Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609931
Bank Name:Tata Capital Housing Finance Ltd
Branch Name:Registered Office : Mumbai
Reserve Price:₹11,00,000
EMD:₹1,10,000
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 is a bank auction of vacant land located in Meelavittan Silvarpuram, Tuticorin, Tamil Nadu. The property is a residential asset, originally owned by Mr. Mariappan K. It is being auctioned by Tata Capital Housing Finance Ltd under SARFAESI Act. The land offers an opportunity for residential development or investment in a developing area of Tuticorin.
State:Tamil Nadu
City:Tuticorin
Area:Meelavittan Silvarpuram
Asset Category:Residential
Full Address:Meelavittan Silvarpuram Village, comprised in S.No.332/1, Meelavittan Silvarpuram, Tuticorin
Size:653.40 Sq.ft
Auction Description
Tata Capital Housing Finance Ltd is conducting a SARFAESI auction for a vacant residential land in Meelavittan Silvarpuram, Tuticorin, Tamil Nadu. The auction will take place on November 18, 2025, from 2:00 PM to 3:00 PM. The reserve price for this auction is ₹11,00,000, with an Earnest Money Deposit (EMD) of ₹1,10,000 required to participate. This is a prime opportunity to acquire land in Tuticorin.
Borrower Name:Mr.MARIAPPAN K
Auction Type:SARFAESI Auction
Why This Property
The land's location in Meelavittan Silvarpuram, Tuticorin, presents a moderate investment opportunity. The reserve price is reasonable for the area, but further investigation into local market conditions is advised before bidding. This is a calculated opportunity suitable for investors familiar with the Tuticorin real estate landscape.
Contact Details
Branch:Branch Office : Registered Office : Mumbai
Service Provider:bankauctions.in
Contact Details:
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