Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613952
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 Vellore, Tamil Nadu, offered by Motilal Oswal Home Finance Ltd. The property is part of a SARFAESI auction and presents a valuable opportunity for land acquisition in the Vellore area. Ideal for residential development, this plot is situated in a developing region with potential for future growth.
State:Tamil Nadu
City:Vellore
Area:Vellore
Asset Category:Residential
Full Address:135, Thiruvalluvar Nagar, Thiruvalluvar Nagar, Panapakkam Village, Vellore, Tamil Nadu - 600054, Panapakkam Village, Vellore
Building/Society:Thiruvalluvar Nagar
Auction Description
Motilal Oswal Home Finance Ltd is conducting a SARFAESI auction for a residential plot in Vellore, Tamil Nadu. The auction will take place on December 1, 2025, from 11:00 AM to 02:00 PM. The reserve price for this plot is ₹7,50,000, with an Earnest Money Deposit (EMD) of ₹75,000 required to participate. This is a bank auction, presenting a direct opportunity to purchase the property from the financial institution.
Borrower Name:Prakash Gananaselvam
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Vellore offers a decent investment potential due to its location and price point. While the reserve price is reasonable, further due diligence is needed to assess the land's development prospects. This property represents a calculated opportunity for investors familiar with the local market.
Contact Details
Branch:Branch Office : Corporate Office : Mumbai
Service Provider:Auctionbazaar
Contact Details:
Contact no:+918370969696
