Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611136
Bank Name:State Bank of India
Branch Name:Centralised Retail Asset Management Centre (CRAMC
Reserve Price:₹32,09,400
EMD:₹3,20,940
Bid Increment:₹25,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-16
Bid Start Date:2025-11-17
Property Description
This is a residential flat located in Perambur Taluk, Chennai, Tamil Nadu. The property is being auctioned by the State Bank of India under the SARFAESI Act. It represents an excellent opportunity to acquire a home in a well-established area of Chennai. The flat is ideal for individuals or families seeking a comfortable living space in a prime location.
State:Tamil Nadu
City:Chennai
Area:Perambur Taluk
Asset Category:Residential
Full Address:G1, Brindhavan, Flat No. G1, Ground Floor, "Brindhavan", Old Door No.27, New Door No.16, Poongavanam Nagar, Rv Nagar, Kodungaiyur, Kodungaiyur, Chennai
Building/Society:Brindhavan
Size:495 Sq. feet
Auction Description
State Bank of India presents a SARFAESI auction for a residential flat in Perambur Taluk, Chennai. The auction will commence on November 17, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this property is INR 32,09,400, with an Earnest Money Deposit (EMD) of INR 3,20,940 required to participate. This is a direct opportunity to purchase a property at a competitive price.
Borrower Name:Mr Sarathkumar J
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Poojabhashini
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a reasonably priced flat in Kodungaiyur, Chennai. While the location may not be prime, the price point and auction terms make it a calculated investment opportunity. Potential buyers should assess the area's growth potential and the overall condition of the property.
Contact Details
Branch:Branch Office : Centralised Retail Asset Management Centre (CRAMC
Service Provider:BAANKNET
Contact Details:
Mrs. Umaa Gopal, Mr. Charles Correya
Contact no:9442649601/9443060409
