Land for auction Plot No.86 part Fathima Nagar, Karaikal by Tamilnad Mercantile Bank

Property for Auction in Karaikal, Puducherry, Puducherry

Property Type IconProperty Type:
Land
Location IconLocation:
Karaikal, Puducherry
Auction Date IconAuction Date:
29-10-2025 01:00 PM

Auction Details

Auction ID:582981

Bank Name:Tamilnad Mercantile Bank Limited

Branch Name:KARAIKAL BRANCH

Reserve Price:40,24,000

EMD:4,02,400

Service Provider:Public Auction

Important Dates

Submission Date:28-09-2025 05:00 PM

Bid Start Date:29-10-2025 01:00 PM

Property Description

This is a prime piece of land located in Karaikal, Puducherry, offered for sale by Tamilnad Mercantile Bank Limited. Suitable for residential development, this plot presents an excellent investment opportunity in a growing region. The property is being auctioned under the SARFAESI Act. It is situated in the city of Puducherry within the Karaikal area, offering a blend of accessibility and potential. Don't miss this chance to acquire valuable land in a sought-after location.

State:Puducherry

City:Puducherry

Area:Karaikal

Asset Category:Residential

Auction Description

Tamilnad Mercantile Bank Limited presents a SARFAESI auction for a residential land parcel in Karaikal, Puducherry. The reserve price for this auction is ₹40,24,000, with an Earnest Money Deposit (EMD) of ₹4,02,400 required. The auction will commence on October 29, 2025, at 01:00 PM and conclude on September 29, 2025, at 02:00 PM. This is a unique opportunity to bid on a valuable plot of land in Puducherry. All interested parties are invited to participate in this online auction.

Borrower Name:Mr M Mansoor Sultan

Auction Type:SARFAESI Auction

Contact Details

Cell: 98423 27466/99766 34444)

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