Property for Auction in Madhavaram, Tiruvallur, Tamil Nadu
Auction ID:552023
Bank Name:State Bank of India
Branch Name:Centralised Retail Asset Monitoring Cell (CRAMC)
Reserve Price:₹36,00,000
EMD:₹3,60,000
Service Provider:BAANKNET
Submission Date:29-08-2025 05:00 PM
Bid Start Date:30-08-2025 11:30 AM
This offering is a residential flat located in the Madhavaram area of Tiruvallur, Tamil Nadu. Situated in a desirable locale, this property is being brought to auction by the State Bank of India under SARFAESI regulations. The flat is ideal for individuals or families seeking a home in a well-connected region. The auction presents a competitive bidding environment with a set reserve price and EMD, ensuring transparency and fairness. Prospective buyers are encouraged to conduct their due diligence before participating.
State:Tamil Nadu
City:Tiruvallur
Area:Madhavaram
Asset Category:Residential
State Bank of India presents a SARFAESI auction for a residential flat in Madhavaram, Tiruvallur, Tamil Nadu. This is a unique opportunity to acquire a property at a reserve price of ₹36,00,000. The Earnest Money Deposit (EMD) required is ₹3,60,000. The auction will be conducted on August 30, 2025, starting at 11:30 AM and concluding at 2:30 PM. The property is being auctioned due to the default by the borrower, Mr. Purushothaman M. Don't miss this chance to invest in a promising location.
Borrower Name:Mr. Purushothaman M
Auction Type:SARFAESI Auction
Mrs. Umaa Gopal, Chief Manager, Mobile: 9442649601,Mr. Murugesan S, Manager, Mobile: 8939903909