Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609102
Bank Name:Reliance Asset Reconstruction Company Ltd.
Branch Name:Corporate Office : Mumbai
Reserve Price:₹8,76,000
EMD:₹87,600
Bid Increment:₹50,000
Auction Time:11:00 A.M. to 12:00 P.M.
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-17
Bid Start Date:2025-11-18
Property Description
This auction features a residential plot located in Tiruttani Taluk, Tiruvallur, Tamil Nadu. The property is part of a SARFAESI auction conducted by Reliance Asset Reconstruction Company Ltd. Ideal for developers or individuals seeking to build their home in a developing area. The land offers a blank canvas for various construction possibilities.
State:Tamil Nadu
City:Tiruvallur
Area:Tiruttani Taluk
Asset Category:Residential
Full Address:101, 102 & 103, S.No.224/11, Plots Nos. 101, 102 & 103, M. G. R. Nagar (Back Side) Tiruttani Town, M. G. R. Nagar, Tiruvallur
Size:3180 Sq. Ft.
Auction Description
Reliance Asset Reconstruction Company Ltd. is holding a SARFAESI auction for a residential plot in Tiruttani Taluk, Tiruvallur, Tamil Nadu. The auction is for the asset of Ananda Motors. The bidding opens on November 18, 2025, at 11:00 AM and concludes at 12:00 PM on the same day. The reserve price is ₹8,76,000 with an Earnest Money Deposit (EMD) of ₹87,600. This is a prime opportunity to acquire land through a transparent auction process.
Borrower Name:Ananda Motors
Auction Type:SARFAESI Auction
Guarantor Names:A. Sundari, M. Anandan
Legal Details
Possession Status:Date of Physical Possession: 06-10-2023
Encumbrance Details:Not Known to Bank
Why This Property
The plot's location in Tiruttani presents a calculated opportunity due to the lower price point. However, the limited information on the surrounding development and the general land category warrant a cautious approach. The relatively low reserve price and EMD make it an accessible entry point for potential investors.
Contact Details
Branch:Branch Office : Corporate Office : Mumbai
Service Provider:Public Auction
Contact Details:
Satheesh Kumar P
Contact no:8939677550
