Property for Auction in Arakonam, Vellore, Tamil Nadu
Auction ID:561440
Bank Name:Bank of Baroda
Branch Name:Zonal Stressed Asset Recovery Branch
Reserve Price:₹3,72,00,000
EMD:₹37,20,000
Service Provider:BAANKNET
Submission Date:18-09-2025 05:00 PM
Bid Start Date:19-09-2025 02:00 PM
A spacious residential plot located in Arakonam, a key area within Vellore, Tamil Nadu. This property offers significant potential for development and is situated in a region experiencing growth. Ideal for individuals or developers looking to build a home or make a strategic investment. The plot is being auctioned by the Bank of Baroda under SARFAESI regulations. Its location in Vellore district provides access to essential amenities and infrastructure.
State:Tamil Nadu
City:Vellore
Area:Arakonam
Asset Category:Residential
Bank of Baroda presents a SARFAESI auction for a prime residential plot in Arakonam, Vellore, Tamil Nadu. The auction will take place on September 19, 2025, from 2:00 PM to 6:00 PM. The reserve price is ₹3,72,00,000, with an Earnest Money Deposit (EMD) of ₹37,20,000 required. This is an excellent opportunity to acquire a valuable plot of land in a developing area. The property was previously mortgaged by M/s. Pioneer Leder Tex Private Limited. Don't miss this chance to invest in a strategically located asset.
Borrower Name:M/s. Pioneer Leder Tex Private Limited
Auction Type:SARFAESI Auction
Mr. Jitendra Kumar : 9110263878