Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611165
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹17,00,000
EMD:₹1,70,000
Service Provider:Public Auction
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
Prime land parcel located in Kattumannarkoil, Cuddalore, Tamil Nadu, offered for auction by City Union Bank. This residential land presents a significant investment opportunity in a developing area. The property is being auctioned under the SARFAESI Act. Ideal for development or personal use.
State:Tamil Nadu
City:Cuddalore
Area:Kattumannarkoil
Asset Category:Residential
Full Address:44, Bazzar Street, Natham R.S.No.81/10, Kattumannarkoil, Cuddalore
Size:0.01 cents
Auction Description
City Union Bank is conducting a SARFAESI auction for a residential land in Kattumannarkoil, Cuddalore, Tamil Nadu. The reserve price for this auction is INR 17,00,000, with an EMD of INR 1,70,000. The auction will take place on December 9, 2025, from 11:00 AM to 01:00 PM. Don't miss this chance to acquire valuable land.
Borrower Name:Mr.D.Sathiyanarayanan
Auction Type:SARFAESI Auction
Guarantor Names:M/s.Sri Vasavi Agencies, Mrs.S.Padmavathi
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its location in Kattumannarkoil and the presence of a shop building. The reserve price seems reasonable, but further due diligence is recommended to assess the market potential and any associated risks. The auction terms are standard, requiring a 25% deposit upon confirmation.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Authorised Officer
Contact no:04144-262525
