Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611177
Bank Name:TRUHOME FINANCE LIMITED
Branch Name:Head Office : Mumbai
Reserve Price:₹38,12,600
EMD:₹3,81,260
Bid Increment:₹10,000
Auction Time:11:00 A.M. to 01.00 p.m.
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-03
Bid Start Date:2025-12-04
Property Description
This is a land parcel located in Villupuram, Villupuram, Tamil Nadu, being auctioned by TRUHOME FINANCE LIMITED. The property is categorized as residential asset. It is offered under the SARFAESI Act.
State:Tamil Nadu
City:Villupuram
Area:Villupuram
Asset Category:Residential
Full Address:Plot No.6, Murugaiya Nagar, No.21/14 F, Hospital Main Road Villupuram-605 602, Villupuram, Villupuram
Building/Society:Murugaiya Nagar
Size:111.48 Sq.Mt.
Auction Description
TRUHOME FINANCE LIMITED is conducting a SARFAESI auction for a land parcel in Villupuram, Tamil Nadu. The auction will take place on December 4, 2025, from 11:00 AM to 01:00 PM. The reserve price for this property is INR 3,812,600, with an Earnest Money Deposit (EMD) of INR 381,260. This is an opportunity to acquire a residential land asset.
Borrower Name:Mr. Abuthaheer A
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Seerajideen Akbar, Mr. Akbar Jamiyalam, Mrs. Sarammal Akbar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not known
Why This Property
This land in Villupuram offers potential in a developing area, reflected in the reasonable reserve price. The symbolic possession status and 'Not Known' encumbrance details adds a layer of risk, hence a Calculated Opportunity. This investment requires careful evaluation of the location's growth prospects and property's title.
Contact Details
Branch:Branch Office : Head Office : Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
S Singh
Contact no:8428648685
