Property for Auction in Sholinganallur., Chennai, Tamil Nadu
Auction ID:552012
Bank Name:State Bank of India
Branch Name:Centralised Retail Asset Monitoring Cell (CRAMC)
Reserve Price:₹19,58,040
EMD:₹1,95,804
Service Provider:BAANKNET
Submission Date:29-08-2025 05:00 PM
Bid Start Date:30-08-2025 11:30 AM
This auction features a residential flat located in the well-connected area of Sholinganallur, Chennai, Tamil Nadu. The property, originally belonging to Mrs. Latha R, is being auctioned by the State Bank of India under the SARFAESI Act. Sholinganallur is a rapidly developing hub with excellent connectivity, essential amenities, and proximity to IT corridors, making it an attractive location for residents. This flat offers a chance to own a home in one of Chennai's most promising micro-markets.
State:Tamil Nadu
City:Chennai
Area:Sholinganallur.
Asset Category:Residential
State Bank of India is conducting a SARFAESI auction for a residential flat in Sholinganallur, Chennai. The property was mortgaged by Mrs. Latha R. The auction will commence on August 30, 2025, at 11:30 AM and conclude at 02:30 PM on the same day. The reserve price is set at 19,58,040 INR, with an Earnest Money Deposit (EMD) of 1,95,804 INR. This is a prime opportunity to acquire a property in a sought-after area of Chennai.
Borrower Name:Mrs. Latha R
Auction Type:SARFAESI Auction
Mrs. Umaa Gopal, Chief Manager, Mobile: 9442649601,Mrs. Rekha, Deputy Manager, Mobile: 9052761400