Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613953
Bank Name:Motilal Oswal Home Finance Ltd
Branch Name:Corporate Office : Mumbai
Reserve Price:₹20,00,000
EMD:₹2,00,000
Auction Time:11:00 AM to 02:00 PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-11-30
Bid Start Date:2025-12-01
Property Description
This is a residential plot located in Mettur, Salem, Tamil Nadu. The property is being auctioned by Motilal Oswal Home Finance Ltd. This is a great opportunity to acquire land in a developing area.
State:Tamil Nadu
City:Salem
Area:Mettur
Asset Category:Residential
Full Address:S.No.43/3 8Th Ward (Old) 9Th Ward(New) Pazhanithai Colony Thoramangalam Village Mettur Taluk Jalagandapuram Sro Salem West, Mettur, Salem
Auction Description
Motilal Oswal Home Finance Ltd is conducting a SARFAESI auction for a residential plot in Mettur, Salem, Tamil Nadu. The auction will take place on December 1, 2025, from 11:00 AM to 02:00 PM. The reserve price is ₹20,00,000, with an EMD of ₹2,00,000. This is a significant opportunity for interested buyers to participate in the bidding process.
Borrower Name:Karthick Krishnan
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in Mettur, Salem, offered at a reserve price of ₹2000000.0. While the location is not a major metropolitan area, the relatively low price point may attract local investors or those seeking land for specific purposes, which makes it a calculated opportunity.
Contact Details
Branch:Branch Office : Corporate Office : Mumbai
Service Provider:Auctionbazaar
Contact Details:
Contact no: —
