Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610560
Bank Name:South Indian Bank
Branch Name:Regional Office
Reserve Price:₹18,96,000
EMD:₹1,89,600
Bid Increment:₹20,000
Auction Time:11:00 AM to 12:00 Noon
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-27
Property Description
A residential plot located in Palani, Dindigul, Tamil Nadu, offered for sale by South Indian Bank. This is an excellent opportunity to acquire land in a developing area. The plot is suitable for residential development. Detailed site verification is recommended.
State:Tamil Nadu
City:Dindigul
Area:Palani
Asset Category:Residential
Full Address:No.69, Bajanai Koil Street, Puthagaram, Kancheepuram - 631561, Puthagaram, Kancheepuram
Size:2870 Sq.Ft
Auction Description
South Indian Bank is conducting a SARFAESI auction for a residential plot in Palani, Dindigul. The auction will take place on November 29, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹65,00,000, with an Earnest Money Deposit (EMD) of ₹6,50,000. This is a unique chance to purchase property through a bank auction.
Borrower Name:M/s.Stacus Solution Private Limited
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Sarasu.G
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The property is a residential land with building in a developed area of Kancheepuram. While the reserve price seems reasonable, further due diligence is advisable. Overall, it is a calculated opportunity for potential buyers.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:bankauctions.in
Contact Details:
Mr.Gnanaprakash.S
Contact no:9791747678
