Property for Auction in Katapdi, Vellore, Tamil Nadu
Auction ID:566644
Bank Name:ICICI Bank
Branch Name:Branch Office : Cochin
Reserve Price:₹24,60,000
EMD:₹2,46,000
Service Provider:disposalhub.com
Submission Date:25-09-2025 05:00 PM
Bid Start Date:26-09-2025 10:30 AM
This is a residential plot located in Katapdi, Vellore, Tamil Nadu. The property is being auctioned by ICICI Bank under the SARFAESI Act due to a loan default by the borrower, Mr. V Premkumar. Katapdi is a well-connected area within Vellore city, offering potential for residential development. The plot is an open land parcel, presenting a blank canvas for prospective buyers to construct their desired residence or for investment purposes. Its location in Vellore provides access to essential amenities and infrastructure.
State:Tamil Nadu
City:Vellore
Area:Katapdi
Asset Category:Residential
ICICI Bank is conducting a SARFAESI auction for a residential plot in Katapdi, Vellore, Tamil Nadu. The auction will take place on September 26, 2025, with bidding open from 10:30 AM to 11:30 AM. The reserve price for this property is set at ₹2,460,000, and the Earnest Money Deposit (EMD) required to participate is ₹246,000. This auction presents an opportunity to acquire a plot in a developing area of Vellore.
Borrower Name:Mr. V Premkumar
Auction Type:SARFAESI Auction
contact ICICI Bank Employee Phone No. 7550214251