Plot for auction 280 KOTTAKUPPAM VILLA, kottakuppam, Puducherry by Indian Bank

This offering presents a prime residential plot located in the desirable Kottakuppam area of Puducherry. Situated in a developing locality, this plot offers an excellent opportunity for residential development or investment. The property is strategically positioned within Puducherry city, ensuring convenient access to local amenities, educational institutions, and transport links. Ideal for those seeking to build their dream home or capitalize on the growing real estate market in this coastal region.

Indian Bank invites sealed bids for the SARFAESI auction of a residential plot in Kottakuppam, Puducherry. The borrower is M/s. Velayudham Cement Works. The reserve price is ₹2,86,00,000, with an Earnest Money Deposit (EMD) of ₹28,60,000 required to participate. The auction will be conducted online on 29-09-2025, starting at 12:00 PM and concluding at 4:00 PM. Interested parties are advised to review the full auction terms and conditions available from Indian Bank.