Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609916
Bank Name:Tata Capital Housing Finance Ltd
Branch Name:Registered Office : Mumbai
Reserve Price:₹22,50,000
EMD:₹2,25,000
Service Provider:bankauctions.in
Important Dates
Submission Date:17-11-2025 05:00 PM
Bid Start Date:2024-10-24
Property Description
This is a prime land parcel located in Bhavani, Erode, Tamil Nadu, offered for auction by Tata Capital Housing Finance Ltd. Situated in a well-connected area, this residential land presents an excellent opportunity for development. The property is part of a SARFAESI auction, providing a transparent and straightforward transaction process. Its location in Erode, a growing city in Tamil Nadu, makes it a potentially valuable asset for investors or end-users.
State:Tamil Nadu
City:Erode
Area:Bhavani
Asset Category:Residential
Full Address:Sannyasipatti Village, Re-Survey No. 75/4 Natham S.No. 75/26, Sannyasipatti Village, Bhavani, Erode
Size:115 Sq.mt
Auction Description
Tata Capital Housing Finance Ltd is conducting a SARFAESI auction for a land property in Bhavani, Erode, Tamil Nadu. The auction will take place on November 18, 2025, with bidding open from 02:00 PM to 03:00 PM. The reserve price for this land is ₹22,50,000, with an Earnest Money Deposit (EMD) of ₹2,25,000 required to participate. This is a unique chance to acquire a residential land asset through a formal banking auction process.
Borrower Name:MR.DURAISAMY K
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in Bhavani, Erode, offered at a reasonable reserve price. While the lack of specific auction time impacts the overall score, the location and physical possession offer potential for investment. Further due diligence is recommended.
Contact Details
Branch:Branch Office : Registered Office : Mumbai
Service Provider:bankauctions.in
Contact Details:
Contact no: —
