Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609577
Bank Name:HDFC Bank
Branch Name:Reg Office : Mumbai
Reserve Price:₹20,00,000
EMD:₹2,00,000
Bid Increment:₹10,000
Auction Time:03.00 pm to 03.30 p.m
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-12-03
Bid Start Date:2025-12-04
Property Description
This is a residential flat located in Sriperumbudur Taluk, Kanchipuram, Tamil Nadu. The property is being auctioned by HDFC Bank due to loan default by the borrower, Mr. Sundararajan V. This is a valuable opportunity to acquire a property in a developing area of Tamil Nadu.
State:Tamil Nadu
City:Kanchipuram
Area:Sriperumbudur Taluk
Asset Category:Residential
Full Address:G-1, Saisaran Avenue, Flat No.G-1 on Ground Floor in building Saisaran Avenue, Jawaharaiah Nagar, Adhanur Village, Adhanur Village, Kanchipuram
Building/Society:Saisaran Avenue
Size:984 sq ft
Auction Description
HDFC Bank is conducting a SARFAESI auction for a residential flat in Sriperumbudur Taluk, Kanchipuram. The auction will take place on 04-12-2025, with the bidding starting at 03:00 PM and closing at 03:30 PM. The reserve price for this auction is INR 20,00,000, and the Earnest Money Deposit (EMD) required is INR 2,00,000. Interested bidders should ensure they meet all auction prerequisites.
Borrower Name:Mr.Sundararajan V
Auction Type:SARFAESI Auction
Guarantor Names:Ms Booma.S
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a decent investment opportunity due to its affordable reserve price and residential nature. However, potential investors should consider the location's specific market dynamics and conduct thorough due diligence. Auction terms appear standard.
Contact Details
Branch:Branch Office : Reg Office : Mumbai
Service Provider:drt.auctiontiger.net
Contact Details:
Contact no:9940305869
