Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611176
Bank Name:TRUHOME FINANCE LIMITED
Branch Name:Head Office : Mumbai
Reserve Price:₹56,37,600
EMD:₹5,63,760
Bid Increment:₹10,000
Auction Time:11:00 A.M. to 01.00 p.m.
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-03
Bid Start Date:2025-12-04
Property Description
This auction features a prime plot of land in Nellikuppam, Cuddalore, Tamil Nadu. Located in a developing area, this land offers a great opportunity for investment or development. The property is being auctioned by TRUHOME FINANCE LIMITED under SARFAESI regulations. Ideal for those looking to acquire land in a growing region.
State:Tamil Nadu
City:Cuddalore
Area:Nellikuppam
Asset Category:Residential
Full Address:kheezharungkunam Village, as per possession and as per Patta, Patta No. 715, R.S.No. 136/2-0.19.0 out of it eastern side 0.09.0 Ares (Old S.No. 285/2 and bounded on the; East of: K. Sivaganesan Land, North of: Pathway, South of: Arunachalam Land, West of: Umadevi Land, Nellikuppam, Cuddalore
Size:0.090 ares
Auction Description
TRUHOME FINANCE LIMITED presents a SARFAESI auction for a land parcel in Nellikuppam, Cuddalore. The auction will commence on December 4, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price is ₹56,37,600, with an Earnest Money Deposit (EMD) of ₹5,63,760 required to participate. This is a significant opportunity to acquire a valuable asset.
Borrower Name:Mr. Jayavel
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Ganga
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not known
Why This Property
The land in Nellikuppam presents a calculated opportunity. Its location in Cuddalore district and the symbolic possession status suggest moderate risk. The reserve price and auction terms need careful consideration for potential returns.
Contact Details
Branch:Branch Office : Head Office : Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
S Singh
Contact no:8428648685
