Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613466
Bank Name:Indian Bank
Branch Name:Regional office
Reserve Price:₹36,75,000
EMD:₹3,67,500
Bid Increment:₹25,000
Auction Time:10 am to 4 pm
Service Provider:BAANKNET
Important Dates
Submission Date:09-12-2025 05:00 PM
Bid Start Date:2025-12-10
Property Description
This is a unique opportunity to acquire land in the esteemed Chidambaram Taluk, Chidambaram, Tamil Nadu. Situated in a developing area, this residential plot offers potential for building your dream home or for investment purposes. The property is part of a SARFAESI auction conducted by Indian Bank, presenting a chance to secure a valuable asset. Don't miss this chance to own a piece of Chidambaram.
State:Tamil Nadu
City:Chidambaram
Area:Chidambaram Taluk
Asset Category:Residential
Full Address:Udaiyarkudi Village in Natham S.No.74/25 in New S.No.248/6, Udaiyarkudi Village, Chidambaram
Size:1283.625 sq.fts.
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential land property in Chidambaram Taluk, Chidambaram, Tamil Nadu. The auction will take place on 10-12-2025, starting at 10:00 AM and concluding at 04:00 PM. The reserve price for this land is ₹36,75,000, with an Earnest Money Deposit (EMD) of ₹3,67,500 required. This is a direct opportunity to bid on and potentially acquire property previously held by M/s. Professional Decors.
Borrower Name:M/s. Professional Decors
Auction Type:SARFAESI Auction
Guarantor Names:Mr. R.Govindaraj, Mr. S.Ravishankar
Legal Details
Possession Status:Constructive
Encumbrance Details:Nil
Why This Property
The property is a land with a building, which could be a good investment. However, potential investors should consider the location and condition carefully. The reserve price seems fair and it is worth taking a look, a calculated move can get rewards.
Contact Details
Branch:Branch Office : Regional office
Service Provider:BAANKNET
Contact Details:
Contact no:8291220220
