Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609913
Bank Name:Tata Capital Housing Finance Ltd
Branch Name:Registered Office : Mumbai
Reserve Price:₹4,50,000
EMD:₹45,000
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 land property located in Modakkurichi, Erode, Tamil Nadu. It is part of a bank auction conducted by Tata Capital Housing Finance Ltd. The property is categorized as residential and is being auctioned under the SARFAESI Act.
State:Tamil Nadu
City:Erode
Area:Modakkurichi
Asset Category:Residential
Full Address:108, MAHALAKSHMI LAYOUT, Erode District, Avalpoondurai, SRO, Modakurichi Taluk, Nanjai Uthukuli Village, Old Survy Nos. 608, 620, 621, Kulathukadu, Resurvey No. 789/2 Part, Punjai, Modakkurichi, Erode
Building/Society:MAHALAKSHMI LAYOUT
Size:81.285 Sq. Meter
Auction Description
Tata Capital Housing Finance Ltd is conducting a SARFAESI auction for a residential land parcel in Modakkurichi, Erode, Tamil Nadu. The auction will take place on November 18, 2025, starting at 02:00 PM and concluding at 03:00 PM. The reserve price for this property is INR 450,000, with an Earnest Money Deposit (EMD) of INR 45,000 required to participate.
Borrower Name:Mr. KARTHIK А
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land located in Modakkurichi, Erode, offering potential for development. The reserve price is reasonable, but the overall investment depends on local market conditions and future development prospects. A cautious approach is advised.
Contact Details
Branch:Branch Office : Registered Office : Mumbai
Service Provider:bankauctions.in
Contact Details:
Contact no: —
