Property for Auction in Uthamapuram., Periyakulam, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612458
Bank Name:U GRO CAPITAL LIMITED
Branch Name:Mumbai
Reserve Price:₹82,00,000
EMD:₹8,20,000
Bid Increment:₹50,000
Auction Time:11 AM to 01 PM
Service Provider:Public Auction
Submission Date:2025-12-08
Bid Start Date:2025-12-09
This offering presents a valuable parcel of land located in Uthamapuram, Periyakulam, Tamil Nadu. Situated in a developing area, this plot offers potential for various uses. The land is being auctioned by U GRO CAPITAL LIMITED as part of a SARFAESI action. Exact dimensions and plot specifics should be verified by interested parties. This is an opportunity to acquire land in a growing region.
State:Tamil Nadu
City:Periyakulam
Area:Uthamapuram.
Asset Category:Residential
Full Address:Uthamapuram Village in Survey No. 868, Survey No. 867B, Uthamapuram, Periyakulam
Size:3.59 Acre
U GRO CAPITAL LIMITED is conducting a SARFAESI auction for a land parcel in Uthamapuram, Periyakulam, Tamil Nadu. The auction will take place on December 9, 2025, with bidding open from 11:00 AM to 1:00 PM. The reserve price for this property is INR 82,00,000, and the Earnest Money Deposit (EMD) required is INR 8,20,000. This auction is a prime opportunity for investors and individuals looking to purchase land in the Periyakulam area. All interested bidders must ensure they meet the eligibility criteria and submit the EMD before the auction commencement.
Borrower Name:NITHIN ELECTRICAL
Auction Type:SARFAESI Auction
Guarantor Names:SANGEETHA M, MURUGESAN M
Encumbrance Details:Not Known to Bank
The land in Uthamapuram presents a calculated investment opportunity due to its agricultural potential and location in Tamil Nadu. The reserve price seems reasonable, and the auction terms are standard. Further due diligence is recommended to assess local market conditions and potential returns.
Branch:Branch Office : Mumbai
Service Provider:Public Auction
Contact Details:
Dinesh M
Contact no:9087856096