Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:611542
Bank Name:Indian Bank
Branch Name:Branch Cuddalore
Reserve Price:₹4,33,000
EMD:₹43,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
This is a residential plot located in Chidambaram, Cuddalore, Tamil Nadu. The property is being auctioned by Indian Bank under SARFAESI rules. It presents a valuable opportunity for investment or development in a well-known area.
State:Tamil Nadu
City:Cuddalore
Area:Chidambaram
Asset Category:Residential
Full Address:Allur Village, Boothangudi Madura, Chidambaram Taluk, Cuddalore District, Allur Village, Chidambaram
Size:0.37 cents
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential plot in Chidambaram, Cuddalore, Tamil Nadu. The auction will take place on November 19, 2025, from 11:00 AM to 4:00 PM. The reserve price is set at ₹4,33,000, with an Earnest Money Deposit (EMD) of ₹43,000 required to participate.
Borrower Name:Mr. B.Arivolisudar
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Nil
Why This Property
The plot offers a moderate investment opportunity due to its location and relatively low reserve price. While the auction terms are standard, potential investors should carefully assess the local market conditions. A calculated approach is advised given the limited information available.
Contact Details
Branch:Branch Office : Branch Cuddalore
Service Provider:BAANKNET
Contact Details:
Contact no:8291220220
