Property for Auction in Palavansanthu, Vellore, Tamil Nadu
Auction ID:561081
Bank Name:Axis Bank
Branch Name:mylapore , chennai
Reserve Price:₹6,65,12,400
EMD:₹66,51,240
Service Provider:bankeauctions.com / C1 India
Submission Date:17-09-2025 05:00 PM
Bid Start Date:18-09-2025 11:00 AM
This is a residential plot located in Palavansanthu, Vellore, Tamil Nadu. The property is being auctioned by Axis Bank under SARFAESI proceedings. It is an excellent opportunity for investors and developers looking to acquire land in a well-connected region. The specific details regarding the plot size and dimensions will be available in the official auction documents. The property was formerly associated with M/s. Sakthiram Stores.
State:Tamil Nadu
City:Vellore
Area:Palavansanthu
Asset Category:Residential
Axis Bank presents a SARFAESI Auction for a prime plot in Palavansanthu, Vellore, Tamil Nadu. This is a unique opportunity to acquire a valuable asset with a reserve price of ₹6,65,12,400. The Earnest Money Deposit (EMD) is ₹66,51,240. The auction will be held on 18th September 2025, starting at 11:00 AM and concluding at 12:00 PM. Don't miss this chance to invest in a property in a growing area.
Borrower Name:M/s.Sakthiram Stores
Auction Type:SARFAESI Auction
Mr.R.Karthick, (Mobile. No. +91-90805 89635) & Mr. Sivakumar (Mobile No. +91-99413 44318)