Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612537
Bank Name:TRUHOME FINANCE LIMITED
Branch Name:Head Office : Mumbai
Reserve Price:₹27,63,000
EMD:₹2,76,300
Bid Increment:₹10,000
Auction Time:11:00 A.M. to 01.00 p.m.
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-04
Bid Start Date:2025-12-05
Property Description
This is a residential plot located in the Ponneri Taluk of Tiruvallur district, Tamil Nadu. The property is being auctioned by TRUHOME FINANCE LIMITED under SARFAESI regulations. It is an opportunity to acquire land in a developing area. Details regarding the plot's size, dimensions, and specific location within Ponneri Taluk will be provided in the detailed auction notice.
State:Tamil Nadu
City:Tiruvallur
Area:Ponneri Taluk
Asset Category:Residential
Full Address:24, 25, Plot No. 24, S.No. 288/3, Arani Village, Ponneri Taluk, Thiruvallur District.Plot No. 25. Comprised in S.No. 288/3, Arani Village, Ponneri Taluk, Thiruvallur District, Arani Village, Tiruvallur
Size:1130 Sq. Ft.
Auction Description
TRUHOME FINANCE LIMITED is conducting an online SARFAESI auction for a residential plot in Ponneri Taluk, Tiruvallur, Tamil Nadu. The auction will take place on December 5, 2025, from 11:00 AM to 01:00 PM. The reserve price for this plot is INR 27,63,000, with an Earnest Money Deposit (EMD) of INR 2,76,300 required to participate. This auction is initiated due to the default by the borrower, Mr. Ramesh.
Borrower Name:Mr. Ramesh
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. R Lavanya, W/o. Ramesh
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not known
Why This Property
The property, a plot in Tiruvallur, presents a calculated opportunity given its location and reserve price. The auction terms are standard, but further due diligence on local market conditions is advised before bidding. This offers potential for value appreciation.
Contact Details
Branch:Branch Office : Head Office : Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
James Clement
Contact no:7200281906
