Plot for auction 8 MELVISHARAM VILLA, Arakonam, Vellore by City Union Bank

This offering features a residential plot located in Arakonam, within the Vellore district of Tamil Nadu. The property is being auctioned by City Union Bank under the SARFAESI Act, due to the borrower Mr. S. Mohamed Faheem's default. The land is categorized as residential and presents a blank canvas for development or investment. Situated in a growing locality, this plot offers potential for future appreciation.

City Union Bank presents a SARFAESI auction for a residential plot in Arakonam, Vellore, Tamil Nadu. This is a prime opportunity to acquire property in a developing area. The auction will take place on September 22, 2025, between 01:00 PM and 02:00 PM. The reserve price is INR 20,00,000, with an Earnest Money Deposit (EMD) of INR 2,00,000. Don't miss this chance to invest in Vellore's real estate market.