Residential Land for auction Semangalam Tindivanam 19 lakh Indian Bank

This is a residential land parcel located in Vanur Taluk, Tindivanam, Tamil Nadu. Offered by Indian Bank through a SARFAESI auction, this property presents a valuable opportunity for investors or individuals looking to develop residential real estate in a growing area. The land is situated in a region known for its developing infrastructure and potential for future appreciation. Its classification as residential land makes it suitable for building homes or other dwelling units.

Indian Bank is conducting a SARFAESI auction for a prime residential land parcel in Vanur Taluk, Tindivanam, Tamil Nadu. The auction will take place on November 19, 2025, commencing at 11:00 AM and concluding at 05:00 PM on the same day. The reserve price for this asset is ₹19,20,000, with an Earnest Money Deposit (EMD) of ₹1,92,000 required to participate. This is a significant opportunity to acquire land directly from the bank, offering a transparent and competitive bidding process. Prospective bidders are encouraged to conduct their due diligence before the auction date.

The property is a land parcel in a developing locality, offering potential for future appreciation. The reserve price is reasonable, but due diligence is essential to assess market value and development prospects. The symbolic possession indicates potential challenges, requiring careful evaluation before investing.