Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611185
Bank Name:Indian Bank
Branch Name:DINDIGUL BRANCH
Reserve Price:₹41,80,000
EMD:₹4,18,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 5.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
This is a SARFAESI auction by Indian Bank for a piece of land located in Nambivayal, Pattukottai, Tamil Nadu. The property is categorized as residential land. This auction presents an opportunity to acquire land in the Pattukottai region.
State:Tamil Nadu
City:Pattukottai
Area:Nambivayal
Asset Category:Residential
Full Address:S.No.59/4C, M.K.S Nagar, Kallar Street, Nambivayal Village, Pattukottai Taluk, Tanjore District, Nambivayal, Pattukottai
Size:11761.20 sq.ft
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential land property in Nambivayal, Pattukottai, Tamil Nadu. The auction is scheduled for November 19, 2025, running from 11:00 AM to 5:00 PM. The reserve price for this auction is ₹41,80,000, with an Earnest Money Deposit (EMD) of ₹4,18,000 required to participate. The property was formerly associated with M/s Jivan Agro Farms.
Borrower Name:M/s Jivan Agro Farms
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Gunasekaran S.
Legal Details
Possession Status:Symbolic
Encumbrance Details:NIL
Why This Property
The property is a land and building in a rural area of Tamil Nadu, offered at a reasonable reserve price. While the location might not be prime, the property could be a calculated investment opportunity for those familiar with the local market and agricultural land values. The symbolic possession and clear encumbrance status add to its appeal.
Contact Details
Branch:Branch Office : DINDIGUL BRANCH
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:9442606828
