Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613963
Bank Name:Motilal Oswal Home Finance Ltd
Branch Name:Corporate Office : Mumbai
Reserve Price:₹7,50,000
EMD:₹75,000
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 Pallikonda, Vellore, Tamil Nadu. The property is being auctioned by Motilal Oswal Home Finance Ltd under SARFAESI regulations.
State:Tamil Nadu
City:Vellore
Area:Pallikonda
Asset Category:Residential
Full Address:Ambedhkar Nagar, S.F.No.(O)191/1 (N) 59/2A 519/31 Ambedhkar Nagar Vettuvanam Village Pallikonda Town Panchayat Anaicut Vellore-635809, Pallikonda, Vellore
Building/Society:Ambedhkar Nagar
Size:74 Sq Mtr
Auction Description
Motilal Oswal Home Finance Ltd is conducting a SARFAESI auction for a residential plot in Pallikonda, Vellore, Tamil Nadu. The auction will take place on December 1, 2025, from 11:00 AM to 02:00 PM. The reserve price is ₹750,000, with an Earnest Money Deposit (EMD) of ₹75,000 required to participate. This is a prime opportunity to acquire land in a developing area. Interested bidders are advised to conduct their due diligence on the property prior to the auction date.
Borrower Name:Ramkumar D D
Auction Type:SARFAESI Auction
Guarantor Names:Kumaresan, Ezhilkumar Arumugam
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in Pallikonda, Vellore, offered at a reasonable reserve price. While the location may not be prime, the price point and potential for development make it a calculated opportunity. Investors should carefully consider the locality's growth prospects and auction terms.
Contact Details
Branch:Branch Office : Corporate Office : Mumbai
Service Provider:Auctionbazaar
Contact Details:
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