Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:613535
Bank Name:Phoenix ARC Private Limited
Branch Name:Vile Parle East Mumbai
Reserve Price:₹6,00,000
EMD:₹60,000
Auction Time:11:00 Am to 02:00 Pm
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-27
Property Description
This auction features a residential plot located in the developing area of Tirupathur, Vellore, Tamil Nadu. Situated within a well-connected region, this plot offers a great opportunity for construction and investment. The property is being auctioned by Phoenix ARC Private Limited under SARFAESI proceedings.
State:Tamil Nadu
City:Vellore
Area:Tirupathur
Asset Category:Residential
Full Address:S.F.No:296, Elavampatti, Tirupattur, Vellore, Tamil Nadu - 635601, Elavampatti, Vellore
Auction Description
Phoenix ARC Private Limited is conducting a SARFAESI auction for a residential plot in Tirupathur, Vellore, Tamil Nadu. The auction will take place on November 27, 2025, from 11:00 AM to 02:00 PM. The reserve price for this property is ₹6,00,000, with an Earnest Money Deposit (EMD) of ₹60,000 required to participate. This is a prime opportunity to acquire a plot in a growing locality.
Borrower Name:Perumal V
Auction Type:SARFAESI Auction
Guarantor Names:Roopa P
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The plot's location in Tirupathur and its relatively low reserve price make it a calculated opportunity. While the potential for appreciation exists, further due diligence is necessary to assess local market conditions and property encumbrances. The auction terms are standard, providing a straightforward bidding process.
Contact Details
Branch:Branch Office : Vile Parle East Mumbai
Service Provider:Auctionbazaar
Contact Details:
Contact no: —
