Property for Auction in Tirupattur taluk, Tirupathur, Tamil Nadu
Auction ID:558035
Bank Name:Indian Overseas Bank
Branch Name:Regional Office
Reserve Price:₹26,62,000
EMD:₹2,67,000
Service Provider:BAANKNET
Submission Date:28-08-2025 05:00 PM
Bid Start Date:29-08-2025 11:00 AM
This auction features a residential plot located in Tirupattur taluk, Tirupathur, Tamil Nadu. The property is being auctioned by Indian Overseas Bank under the SARFAESI Act. The land offers potential for residential development or investment in the growing region of Tirupathur. Detailed site visits and legal due diligence are recommended for interested parties to assess the plot's suitability and value. The property is part of a bank auction process, presenting a direct opportunity to purchase from the bank.
State:Tamil Nadu
City:Tirupathur
Area:Tirupattur taluk
Asset Category:Residential
Indian Overseas Bank is holding a SARFAESI auction for a residential plot in Tirupathur taluk, Tamil Nadu. The auction will take place on August 29, 2025, from 11:00 AM to 3:00 PM. The reserve price for this property is ₹2,662,000, with an Earnest Money Deposit (EMD) of ₹267,000 required to participate. This is an opportunity to acquire a plot of land through a bank auction, with the property formerly belonging to M/S Bala Departmental Store, owned by S Balaraman. Secure your chance to bid on this asset.
Borrower Name:M/S Bala Departmental Store Prop: S Balaraman
Auction Type:SARFAESI Auction
Contact bank manager