Plot for auction Kadhavalam Village Vellore 6 lakh Motilal Oswal Home Finance Limited

This is a prime plot of land located in Ambur, Vellore, Tamil Nadu, offered for auction by Motilal Oswal Home Finance Ltd. The property is situated in a developing area with potential for residential construction. It represents a significant opportunity for investors or individuals looking to build their dream home in a growing region. The plot offers a blank canvas for development, making it an attractive proposition for buyers seeking land in a sought-after location.

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, starting at 11:00 AM and concluding at 02:00 PM. The reserve price for this plot is ₹5,50,000, with an Earnest Money Deposit (EMD) of ₹55,000 required to participate. This is a unique chance to acquire a plot of land directly through a bank auction. Interested bidders are encouraged to review all terms and conditions before participating.

The property presents a calculated opportunity due to its location in a developing area. The reserve price is relatively affordable, making it accessible to a wider range of investors. However, further due diligence is advised to ascertain the full potential and challenges associated with the location.