Flat for auction 1 Sudhar Homes, Madhavaram, Tiruvallur by SBI

Property for Auction in Madhavaram, Tiruvallur, Tamil Nadu

Property Type IconProperty Type:
Flat
Location IconLocation:
Madhavaram, Tiruvallur
Auction Date IconAuction Date:
30-08-2025 11:30 AM

Auction Details

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

Important Dates

Submission Date:29-08-2025 05:00 PM

Bid Start Date:30-08-2025 11:30 AM

Property Description

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

Auction Description

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

Contact Details

Mrs. Umaa Gopal, Chief Manager, Mobile: 9442649601,Mr. Murugesan S, Manager, Mobile: 8939903909

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