Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611898
Bank Name:Federal Bank
Branch Name:Regd Office
Reserve Price:₹87,50,000
EMD:₹8,75,000
Service Provider:Public Auction
Important Dates
Submission Date:16-12-2025 05:00 PM
Bid Start Date:2025-12-17
Property Description
A residential flat located in Ekkatuthangal, Chennai, Tamil Nadu. This property is being auctioned by Federal Bank. It represents an opportunity to own a home in a well-connected area of Chennai.
State:Tamil Nadu
City:Chennai
Area:Ekkatuthangal
Asset Category:Residential
Full Address:S-2, Door No.14/5, Balavinayagar Koil Street, Ganapathy Nagar, (1st Street), Ekkattuthangal, Chennai-600032, Ekkatuthangal, Chennai
Size:1247 Sq. Ft.
Auction Description
Federal Bank is conducting a SARFAESI auction for a residential flat in Ekkatuthangal, Chennai. The auction will take place on December 17, 2025, between 11:00 AM and 12:00 PM. The reserve price for this auction is INR 87,50,000, with an Earnest Money Deposit (EMD) of INR 8,75,000. This is a chance to acquire the property under the SARFAESI Act.
Borrower Name:Sri.Karthikeyan.S
Auction Type:SARFAESI Auction
Guarantor Names:Smt.Chitra.S
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Ekkatuthangal, Chennai, is a positive factor, but the limited information available necessitates a 'Calculated Opportunity' rating. The price seems reasonable considering the size and location, but further due diligence is required.
Contact Details
Branch:Branch Office : Regd Office
Service Provider:Public Auction
Contact Details:
Contact no: —
