Plot for auction Mallapadi Krishnagiri 26 lakh Indian Bank

Property for Auction in Bargur, Krishnagiri, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
710 Square feet
Reserve Price
25,64,100
Reserve Price
25,64,100
EMD Required
2,60,000
Property Specifications
Size710 Square feet
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Bargur, Krishnagiri
Auction Date IconAuction Date:
19-11-2025 10:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:610473

Bank Name:Indian Bank

Branch Name:Zonal Office

Reserve Price:25,64,100

EMD:2,60,000

Bid Increment:50,000

Auction Time:10:00 AM to 04:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:18-11-2025 05:00 PM

Bid Start Date:2025-11-19

Property Description

This is a prime residential plot located in Bargur, Krishnagiri, Tamil Nadu. Situated in a well-developing area, this plot offers an excellent opportunity for residential construction or investment. The property is being auctioned by Indian Bank as part of a SARFAESI auction. Its strategic location provides good connectivity and access to local amenities. Ideal for buyers looking to build their dream home or secure a valuable real estate asset in a growing region.

State:Tamil Nadu

City:Krishnagiri

Area:Bargur

Asset Category:Residential

Full Address:Krishnagiri RD, Bargur SRD, Mallapadi Revenue village in Bargur Taluk in S. No 800/10 (Old S. No 125/B2), Mallapadi, Krishnagiri

Size:710 Square feet

Auction Description

Indian Bank is conducting a SARFAESI auction for a residential plot in Bargur, Krishnagiri, Tamil Nadu. The auction features a competitive reserve price of INR 25,64,100 and requires an EMD of INR 2,56,410. Bidding will commence on November 19, 2025, at 10:00 AM and conclude at 4:00 PM on the same day. This is a significant opportunity for prospective buyers to acquire property under the SARFAESI Act. All interested parties are encouraged to participate and review the auction terms and conditions.

Borrower Name:Mrs. S Ramu

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Naveen Kumar S

Legal Details

Possession Status:Physical

Encumbrance Details:NIL

Why This Property

The plot in Bargur presents a reasonable opportunity given its location and size. The reserve price seems fair, but further due diligence is recommended to assess the growth potential of the area. Auction terms are standard, making it a moderately attractive investment.

Contact Details

Branch:Branch Office : Zonal Office

Service Provider:BAANKNET

Contact Details:

Shri Shankar Kumar Jha

Contact no:9442247113

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