Property for Auction in Melagaram, Tenkasi, Tamil Nadu
Auction ID:587564
Bank Name:Bank of India
Branch Name:RECOVERY DEPARTMENT: MADURAI ZONAL OFFICE
Reserve Price:₹29,72,000
EMD:₹2,97,200
Service Provider:BAANKNET
Submission Date:29-10-2025 05:00 PM
Bid Start Date:30-10-2025 11:00 AM
A parcel of land located in Melagaram, Tenkasi, Tamil Nadu, designated for residential use. This property is being auctioned by the Bank of India under the SARFAESI Act. It represents an opportunity to acquire land in a developing area. Details regarding the exact size and boundaries should be confirmed with the auctioneer.
State:Tamil Nadu
City:Tenkasi
Area:Melagaram
Asset Category:Residential
The Bank of India is conducting a SARFAESI auction for a residential land property in Melagaram, Tenkasi, Tamil Nadu. The auction will take place on October 30, 2025, starting at 11:00 AM and concluding at 05:00 PM. The reserve price for this auction is ₹29,72,000, with an Earnest Money Deposit (EMD) of ₹2,97,200 required. This is a unique opportunity to bid on a property owned by M/s Selvam Traders.
Borrower Name:M/s Selvam Traders
Auction Type:SARFAESI Auction
Phone: 9150043296