Property for Auction in Perundurai, Erode, Tamil Nadu
Auction ID:570411
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹26,00,000
EMD:₹2,60,000
Service Provider:BAANKNET
Submission Date:25-09-2025 05:00 PM
Bid Start Date:26-09-2025 12:00 PM
This is a residential plot located in Perundurai, Erode, Tamil Nadu. The property is being auctioned by Union Bank of India. It is a SARFAESI auction, indicating it is being sold under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act. The plot is offered as a prime real estate opportunity in a developing area of Erode. Further details regarding the exact location, dimensions, and any existing structures or encumbrances should be verified through the official auction documents. The property is associated with borrower Mr. D. Kavin.
State:Tamil Nadu
City:Erode
Area:Perundurai
Asset Category:Residential
Union Bank of India is conducting a SARFAESI auction for a residential plot in Perundurai, Erode, Tamil Nadu. The auction has a reserve price of INR 26,00,000 and requires an Earnest Money Deposit (EMD) of INR 2,60,000. The auction will commence on September 26, 2025, at 12:00 PM and conclude at 5:00 PM on the same day. This is a public auction where interested parties can bid for the property. Prospective bidders are strongly advised to review all auction terms and conditions, conduct thorough due diligence on the property, and understand the legal implications before participating.
Borrower Name:Mr.D. Kavin
Auction Type:SARFAESI Auction
Contact No: Mr. Bimal Sukumar.A, Chief Manager, Mobile No.97694 79168