Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613964
Bank Name:Motilal Oswal Home Finance Ltd
Branch Name:Corporate Office : Mumbai
Reserve Price:₹15,00,000
EMD:₹1,50,000
Auction Time:11:00 AM to 02:00 PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-11-30
Bid Start Date:2025-12-01
Property Description
This is a residential plot located in Ambur, Vellore, Tamil Nadu. The property is being auctioned by Motilal Oswal Home Finance Ltd as part of a SARFAESI auction. It presents a great opportunity to acquire land in a well-known area.
State:Tamil Nadu
City:Vellore
Area:Ambur
Asset Category:Residential
Full Address:2, Golden Phase 2, S No 2/4 Golden Phase 2 Plot No 2 Ward No B Block No 2 Ambur Town, Ambur, Vellore
Building/Society:Golden Phase 2
Auction Description
Motilal Oswal Home Finance Ltd is conducting a SARFAESI auction for a residential plot in Ambur, Vellore, Tamil Nadu. The auction will take place on December 1, 2025, with bidding open from 11:00 AM to 02:00 PM. The reserve price for this auction is ₹15,00,000, and the Earnest Money Deposit (EMD) required is ₹1,50,000. This is a prime opportunity to purchase a plot in a developing region.
Borrower Name:Siva Manivel
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Ambur, Vellore presents a reasonable investment opportunity given its location and reserve price. While it is a basic plot, the location and established auction terms make it a calculated risk for potential buyers. Further due diligence is recommended to ascertain the full potential and current market value.
Contact Details
Branch:Branch Office : Corporate Office : Mumbai
Service Provider:Auctionbazaar
Contact Details:
Contact no: —
