Property for Auction in Chengalpet Taluk, Kanchipuram, Tamil Nadu
Auction ID:569162
Bank Name:South Indian Bank
Branch Name:Regional Office : Chennai
Reserve Price:₹27,90,000
EMD:₹2,79,000
Service Provider:matex.net
Submission Date:25-09-2025 04:00 PM
Bid Start Date:26-09-2025 11:30 AM
South Indian Bank is auctioning a residential flat located in Chengalpet Taluk, Kanchipuram, Tamil Nadu. This property is part of a SARFAESI auction and is offered for sale due to loan default by the borrower, Mr. Jayaprakash.R. The flat is situated in a well-established area within Kanchipuram city, providing convenient access to local amenities and transportation. This is a valuable opportunity to acquire a residential property in a developing region of Tamil Nadu. Further details regarding the specific location, dimensions, and condition of the flat can be obtained from the bank or the auction notice.
State:Tamil Nadu
City:Kanchipuram
Area:Chengalpet Taluk
Asset Category:Residential
This is a SARFAESI auction conducted by South Indian Bank for a residential flat in Chengalpet Taluk, Kanchipuram, Tamil Nadu. The auction has a reserve price of INR 2,790,000.00 and requires an Earnest Money Deposit (EMD) of INR 279,000.00. The auction will commence on September 26, 2025, at 11:30 AM and conclude on the same day at 12:30 PM. Interested bidders are advised to review the complete auction terms and conditions, including inspection details and eligibility criteria, available from South Indian Bank. This auction presents a chance to purchase a property under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act.
Borrower Name:Mr.Jayaprakash.R
Auction Type:SARFAESI Auction
Authorised Officer or Mr.Arunkumar. R.-Mobile No : 9894647220