Property for Auction in Hosur, Krishnagiri, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609532
Bank Name:Indian Bank
Branch Name:DHARMAPURI
Reserve Price:₹34,60,000
EMD:₹3,46,000
Bid Increment:₹50,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2025-11-19
This auction features a valuable piece of land located in Hosur, Krishnagiri, Tamil Nadu. Classified as a residential asset, this property is being offered by Indian Bank. Ideal for developers or individuals looking to invest in a growing region, this land presents a significant opportunity. Its location in Hosur, a prominent area within Krishnagiri district, offers potential for future appreciation and development.
State:Tamil Nadu
City:Krishnagiri
Area:Hosur
Asset Category:Residential
Full Address:Dhinnapalli Choodapuram Village, Hosur Taluk, Krishnagiri District, Hosur, Krishnagiri
Size:1083 Sq. feet
Indian Bank is conducting a SARFAESI auction for a land parcel in Hosur, Krishnagiri, Tamil Nadu. The auction will commence on November 19, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this auction is set at 34,60,000 INR, with an Earnest Money Deposit (EMD) of 3,46,000 INR required to participate. This is a prime opportunity to acquire a residential land asset through a transparent bank auction process.
Borrower Name:M/s VNT Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Rajesh Venkataramanappa
Possession Status:Physical
Encumbrance Details:NIL
Located in Hosur, Krishnagiri, this residential plot offers a good opportunity considering the reserve price and location. While not a 'Prime Investment,' it presents a calculated risk with potential for appreciation. The auction terms are standard, and further due diligence is recommended to assess local market conditions.
Branch:Branch Office : DHARMAPURI
Service Provider:BAANKNET
Contact Details:
Shri Srihari Ravella
Contact no:9442247110