Property Type:
Location:
Auction Date:Auction Details
Auction ID:575066
Bank Name:Indian Bank
Branch Name:STRESSED ASSETS MANAGEMENT BRANCH - CHENNAI
Reserve Price:₹10,00,000
EMD:₹1,00,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-09-2025 05:00 PM
Bid Start Date:24-09-2025 11:00 AM
Property Description
This auction features a plot of land located in Kalanipakkam, Vellore, Tamil Nadu. This residential asset is being offered by Indian Bank as part of a SARFAESI auction. The property is associated with the borrower M/s. ATHIQ LEATHER EXPORTS. Ideal for investment or development, this land presents a unique opportunity in a developing area of Vellore.
State:Tamil Nadu
City:Vellore
Area:Kalanipakkam
Asset Category:Residential
Auction Description
Indian Bank presents a SARFAESI auction for a land parcel in Kalanipakkam, Vellore, Tamil Nadu. The auction will commence on September 24, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this residential land is INR 1,000,000, with an Earnest Money Deposit (EMD) of INR 100,000 required to participate. This is a direct sale opportunity by the bank.
Borrower Name:M/s. ATHIQ LEATHER EXPORTS
Auction Type:SARFAESI Auction
Contact Details
Contact Telephone: 044-2820 2333, 2821 6711. email: armbZchennai@indianbank.co.in
