Property for Auction in Bargur, Krishnagiri, Tamil Nadu
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
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
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
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
Possession Status:Physical
Encumbrance Details:NIL
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.
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Shri Shankar Kumar Jha
Contact no:9442247113