Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610478
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹39,00,000
EMD:₹3,90,000
Auction Time:01:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-08
Bid Start Date:2025-12-08
Property Description
City Union Bank presents a prime plot for auction in Bahour, Puducherry. This residential plot is an excellent opportunity for investment or building your dream home in a developing area. Located in Puducherry, this property offers a serene environment with potential for growth. The plot is offered under the SARFAESI Act, ensuring a transparent transaction process.
State:Puducherry
City:Puducherry
Area:bahour
Asset Category:Residential
Full Address:Kodkadu Revenue Village, R.S.No 64/2 Cadastre No. 305 Bis 1/2, Kodkadu, Puducherry
Size:9.2 Are
Auction Description
Seize the opportunity to own a valuable plot in Bahour, Puducherry, through City Union Bank's SARFAESI auction. The auction will be held on December 8, 2025, from 1:00 PM to 2:00 PM. The reserve price is set at ₹39,00,000, with an Earnest Money Deposit (EMD) of ₹3,90,000 required. This is a direct auction from the bank, offering a secure and straightforward purchase process for this residential plot.
Borrower Name:M/s Aaraddhya Traders
Auction Type:SARFAESI Auction
Guarantor Names:Mr.R.Charab Singh, Mrs.Kothaibai.C
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot of land in Bahour, Puducherry, offered at a reserve price of ₹3,900,000. While the location offers potential, the lack of immediate income generation and the need for development require careful consideration. The auction terms appear standard, making it a calculated opportunity for investors with a long-term perspective.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:0413-2293500
