Property for Auction in Palavansanthu, Vellore, Tamil Nadu
Auction ID:561080
Bank Name:Axis Bank
Branch Name:mylapore , chennai
Reserve Price:₹6,91,25,000
EMD:₹69,12,500
Service Provider:bankeauctions.com / C1 India
Submission Date:17-09-2025 05:00 PM
Bid Start Date:18-09-2025 11:00 AM
This offering is for a residential plot located in the Palavansanthu area of Vellore, Tamil Nadu. Owned by M/s. Sakthiram Stores, this plot is being auctioned by Axis Bank under SARFAESI provisions. It represents a significant real estate opportunity in a developing locale within Vellore. The property is classified as residential, suitable for various development purposes or as a personal estate. Further details regarding the plot's size and specific location within Palavansanthu will be made available to interested bidders.
State:Tamil Nadu
City:Vellore
Area:Palavansanthu
Asset Category:Residential
Axis Bank presents a SARFAESI auction for a residential plot in Palavansanthu, Vellore, Tamil Nadu. The auction is scheduled for September 18, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹6,91,25,000 with an Earnest Money Deposit (EMD) of ₹69,12,500. This is a prime opportunity to acquire a property through a direct bank auction. Bid with confidence and secure your investment in Vellore.
Borrower Name:M/s.Sakthiram Stores
Auction Type:SARFAESI Auction
Mr.R.Karthick, (Mobile. No. +91-90805 89635) & Mr. Sivakumar (Mobile No. +91-99413 44318)