Plot for auction Sellamanthadi Dindigul 54 lakh Union Bank of India

Property for Auction in Sellamanthadi, Dindigul, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
19358 Sq Ft
Reserve Price
54,00,000
Reserve Price
54,00,000
EMD Required
5,40,000
Property Specifications
Size19358 Sq Ft
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Sellamanthadi, Dindigul
Auction Date IconAuction Date:
14-11-2025 12:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609022

Bank Name:Union Bank of India

Branch Name:Asset Recovery Management Branch

Reserve Price:54,00,000

EMD:5,40,000

Bid Increment:50,000

Auction Time:12:00 PM to 05:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:13-11-2025 05:00 PM

Bid Start Date:2025-11-14

Property Description

This is a land auction for a residential property located in Sellamanthadi, Dindigul, Tamil Nadu. The property is being auctioned by the Union Bank of India under the SARFAESI Act. The land offers a prime opportunity for residential development or investment in a growing area. Details regarding the exact size and dimensions of the land parcel will be available in the official auction documents. Prospective buyers are advised to conduct their own due diligence regarding zoning, land use, and any potential encumbrances.

State:Tamil Nadu

City:Dindigul

Area:Sellamanthadi

Asset Category:Residential

Full Address:Survey No. 58/7, village Seelapadi, Karur Road, Sellamanthadi, TA Dindigul, Tamilnadu-624005, Sellamanthadi, Dindigul

Size:19358 Sq Ft

Auction Description

Union Bank of India is conducting an e-auction for a residential land parcel in Sellamanthadi, Dindigul, Tamil Nadu. The auction will take place on 14th November 2025, from 12:00 PM to 05:00 PM. The reserve price for this SARFAESI auction is INR 54,00,000, with an Earnest Money Deposit (EMD) of INR 5,40,000 required to participate. This is a significant opportunity to acquire land in a developing region. Interested bidders must ensure they are aware of all auction terms and conditions, and submit their bids within the specified timeframe.

Borrower Name:M/s Vanipriya Textiles Pvt ltd

Auction Type:SARFAESI Auction

Guarantor Names:M/s K S Yarn Synthetics LLP, Mr. Sagar Kamal Birla, Mrs. Uma Kamal Birla

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not known to A.O.

Why This Property

The property is a land in Dindigul, offered at a reasonable reserve price. While the location might not be prime, the size and clear title present a calculated investment opportunity. Terms of the auction are standard, making it a manageable risk for investors seeking land assets.

Contact Details

Branch:Branch Office : Asset Recovery Management Branch

Service Provider:BAANKNET

Contact Details:

Rajesh Kumar

Contact no:8088980811

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