Property for Auction in Melaveli, Thanjavur, Tamil Nadu
Auction ID:555735
Bank Name:Indian Bank
Branch Name:THANJAVUR MAIN BRANCH
Reserve Price:₹71,60,000
EMD:₹7,16,000
Service Provider:BAANKNET
Submission Date:21-08-2025 05:00 PM
Bid Start Date:22-08-2025 10:00 AM
This auction offers a parcel of land located in Melaveli, a prominent area within Thanjavur, Tamil Nadu. As a residential asset category, this land presents a promising opportunity for development or investment. The property is situated in a region known for its growing infrastructure and accessibility, making it an attractive location. Details regarding the exact size and dimensions of the land parcel will be available to interested bidders. The property is being auctioned by Indian Bank under SARFAESI Act proceedings.
State:Tamil Nadu
City:Thanjavur
Area:Melaveli
Asset Category:Residential
Indian Bank invites bids for a SARFAESI auction of land in Melaveli, Thanjavur, Tamil Nadu. The auction is for property previously belonging to M/s.Sree Electronics. The reserve price is INR 71,60,000 and the EMD is INR 7,16,000. The auction will take place on August 22, 2025, from 10:00 AM to 4:00 PM. This is an opportunity to acquire land in a developing area of Thanjavur.
Borrower Name:M/s.Sree Electronics
Auction Type:SARFAESI Auction
Mr.Anil Kumar Chikkala-9442131450