Property for Auction in Karur, Karur, Tamil Nadu
Auction ID:568620
Bank Name:Equitas Small Finance Bank Ltd.
Branch Name:Registered Office:Chennai
Reserve Price:₹94,00,000
EMD:₹9,40,000
Service Provider:Public Auction
Submission Date:19-09-2025 05:00 PM
Bid Start Date:20-09-2025 11:00 AM
A residential plot located in Karur, Tamil Nadu, presented for auction by Equitas Small Finance Bank Ltd. This property, associated with the borrower F1 CARS, offers a prime opportunity in the Karur area. The plot is categorized as residential, making it suitable for various development purposes. With a reserve price of ₹94,00,000 and an Earnest Money Deposit (EMD) of ₹9,40,000, this is a significant investment prospect. Situated in a well-regarded locality, the plot provides excellent potential for capital appreciation and development.
State:Tamil Nadu
City:Karur
Area:Karur
Asset Category:Residential
Equitas Small Finance Bank Ltd. invites sealed bids for the SARFAESI auction of a residential plot in Karur, Tamil Nadu. The auction, related to the borrower F1 CARS, will take place on 20-09-2025, commencing at 11:00 AM and concluding at 01:00 PM. The reserve price for this valuable plot is set at ₹94,00,000, with an EMD requirement of ₹9,40,000. Prospective bidders are encouraged to conduct their due diligence regarding the property's legal status and physical condition prior to the auction date. This is a formal auction process conducted under the SARFAESI Act.
Borrower Name:F1 CARS
Auction Type:SARFAESI Auction
Contact Mobile No : 9160005011 / 01 / 09