Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613532
Bank Name:Phoenix ARC Private Limited
Branch Name:Vile Parle East Mumbai
Reserve Price:₹40,00,000
EMD:₹4,00,000
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
Discover a prime plot of land in Trichy, Tiruchirappalli, Tamil Nadu. This residential plot is being auctioned by Phoenix ARC Private Limited under SARFAESI regulations. Located in the bustling city of Tiruchirappalli, this property presents an excellent opportunity for development or investment in a sought-after region. The borrower is Sundaarraj Kanagaraj.
State:Tamil Nadu
City:Tiruchirappalli
Area:Trichy
Asset Category:Residential
Full Address:New S.F.No: 234/31 Old S.F.No.234/31 Part 2Nd Street Venugopal Nagar Kattur Pap-pakuruchi Village Thiruverambur Taluka, Kattur Pap-pakuruchi Village, Trichy
Auction Description
Phoenix ARC Private Limited presents a SARFAESI auction for a residential plot in Trichy, Tiruchirappalli, Tamil Nadu. The auction is scheduled for November 27, 2025, from 11:00 AM to 02:00 PM. The reserve price is set at ₹40,00,000, with an Earnest Money Deposit (EMD) of ₹4,00,000 required to participate. This is a significant opportunity to acquire land in a developing area of Tamil Nadu.
Borrower Name:Sundaarraj Kanagaraj
Auction Type:SARFAESI Auction
Guarantor Names:Rukmani Sundarraj
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a reasonable opportunity given its location in Trichy and the relatively lower reserve price. However, the absence of specific details regarding the plot's dimensions and potential encumbrances necessitates careful due diligence. The auction terms are standard, making it a 'Calculated Opportunity' suitable for informed investors.
Contact Details
Branch:Branch Office : Vile Parle East Mumbai
Service Provider:Auctionbazaar
Contact Details:
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