Property for Auction in Soorakkulam, Sivaganga, Tamil Nadu
Auction ID:550805
Bank Name:Indian Overseas Bank
Branch Name:Regional Office
Reserve Price:₹3,60,000
EMD:₹36,000
Service Provider:BAANKNET
Submission Date:12-08-2025 05:00 PM
Bid Start Date:13-08-2025 10:00 AM
This is a residential plot located in Soorakkulam, Sivaganga, Tamil Nadu. The property is being auctioned by Indian Overseas Bank under SARFAESI proceedings. The plot offers a potential opportunity for residential development or investment in a growing locality. Situated in Sivaganga district, the property's specific dimensions and surrounding amenities should be verified by prospective buyers. This asset was formerly mortgaged by Mr K Chidambaram.
State:Tamil Nadu
City:Sivaganga
Area:Soorakkulam
Asset Category:Residential
Indian Overseas Bank presents a SARFAESI auction for a residential plot in Soorakkulam, Sivaganga, Tamil Nadu. The auction will take place on August 13, 2025, from 10:00 AM to 4:00 PM. The reserve price for this property is ₹360,000, with an Earnest Money Deposit (EMD) of ₹36,000 required. This is an opportunity to acquire a plot of land in a developing area. All interested bidders are advised to conduct their due diligence before participating in the auction. For further details and terms and conditions, please refer to the official bank notification.
Borrower Name:Mr K Chidambaram
Auction Type:SARFAESI Auction
Contact Number: 0452-2532850, 2532851