Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.2
Auction ID:614001
Bank Name:Indian Bank
Branch Name:Zonal Office
Reserve Price:₹55,40,000
EMD:₹5,54,000
Bid Increment:₹10,000
Auction Time:10.00 A.M. AND 4.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-24
Property Description
This is a residential flat located in Pallavaram, Chengalpattu, Tamil Nadu. The property is being auctioned by Indian Bank under SARFAESI. This is an excellent opportunity to acquire a flat in a well-known area of Tamil Nadu.
State:Tamil Nadu
City:Chengalpattu
Area:Pallavaram
Asset Category:Residential
Full Address:S2, Sri Balaji Apartments, Plot No.A4, Old village No.99, 87, New Village No.1, Anakaputhur Village, Gurusamy Nagar Main Road, Pallavaram Taluk, Chengalpattu District, Pallavaram, Chennai
Building/Society:Sri Balaji Apartments
Size:1450 sq. ft
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential flat in Pallavaram, Chengalpattu, Tamil Nadu. The auction will take place on November 24, 2025, from 10:00 AM to 04:00 PM. The reserve price is ₹55,40,000 with an EMD of ₹5,54,000. This is a direct opportunity to bid on the property.
Borrower Name:Mr C Saji
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Sathappan N
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The property is a reasonably priced flat in Pallavaram, a developing area in Chennai. Its physical possession status and clear encumbrance details make it a relatively secure investment. The location and type of property suggest good potential for future appreciation.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no:044-22640545
