Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609513
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE, CHENNAI SOUTH
Reserve Price:₹52,44,000
EMD:₹5,24,000
Bid Increment:₹10,000
Auction Time:10:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-19
Property Description
A residential flat located in Tambaram, Kanchipuram, Tamil Nadu. This property is being auctioned by Indian Bank under SARFAESI guidelines. It offers a great opportunity for homeownership or investment in a well-connected area.
State:Tamil Nadu
City:Kanchipuram
Area:Tambarm
Asset Category:Residential
Full Address:F2, T Thanigai Illam, Flat No.F2, First Floor, T Thanigai Illam, Plot No.37, R S Nagar, Jalladianpettai, Chennai - 600 100, Jalladianpettai, Chennai
Building/Society:T Thanigai Illam
Size:883 sq. ft.
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential flat in Tambaram, Kanchipuram, Tamil Nadu. The auction will take place on November 19, 2025, from 10:00 AM to 04:00 PM. The reserve price is ₹52,44,000 with an EMD of ₹5,24,000. Interested bidders should review all auction terms and conditions provided by the bank.
Borrower Name:Mr. Aswin
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. S. Parameswari
Legal Details
Possession Status:Symbolic
Encumbrance Details:Nil
Why This Property
The property is located in a developing area of Chennai. The reserve price seems reasonable, but due diligence is essential. Symbolic possession may require additional legal steps post-auction.
Contact Details
Branch:Branch Office : ZONAL OFFICE, CHENNAI SOUTH
Service Provider:BAANKNET
Contact Details:
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