Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609740
Bank Name:Nido Home Finance Limited
Branch Name:Regd.Office : Mumbai
Reserve Price:₹13,61,950
EMD:₹1,36,195
Auction Time:11 am to 12 pm Noon (With 5 Minutes Unlimited Auto Extensions)
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-12-08
Bid Start Date:2025-12-09
Property Description
This is a land auction for a residential property located in Paramathi, Namakkal, Tamil Nadu. The land is being auctioned by Nido Home Finance Limited under the SARFAESI Act. The borrower is PONNNUSAMY G. This is a great opportunity to acquire land in the Namakkal region.
State:Tamil Nadu
City:Namakkal
Area:Paramathi
Asset Category:Residential
Full Address:348/1/11, In Natham S.No.348/1/11, In A Total Extent Of 0.0077.5, In This In A Specific Extent Of 834 Sq.Ft., Of Land With Building D.No.1/196, In This E.B.No.943, Pillaikalathur Village, Namakkal
Size:834 Sq.Ft.
Auction Description
Nido Home Finance Limited is conducting a SARFAESI auction for a residential land parcel in Paramathi, Namakkal, Tamil Nadu. The auction will take place on December 9, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹13,61,950.0, with an EMD of ₹1,36,195.0. Bid for this valuable property opportunity.
Borrower Name:PONNNUSAMY G
Auction Type:SARFAESI Auction
Guarantor Names:P.ANITHA
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This land auction in Paramathi presents a calculated opportunity due to its location and reasonable reserve price. While the property is land, the location in Namakkal, a growing area, adds potential. The auction terms are standard, and further due diligence is recommended.
Contact Details
Branch:Branch Office : Regd.Office : Mumbai
Service Provider:drt.auctiontiger.net
Contact Details:
Maulik Shrimali
Contact no:6351896643
