Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614565
Bank Name:PIRAMAL FINANCE LTD
Branch Name:Kurla (West) Mumbai
Reserve Price:₹26,90,000
EMD:₹2,69,000
Auction Time:11:00 AM to 01:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a residential flat located in the sought-after area of Pallikaranai, Chennai, Tamil Nadu. The property is being auctioned by PIRAMAL FINANCE LTD as part of a SARFAESI auction. Ideal for individuals or families looking for a home in a well-connected and developing part of Chennai. The flat offers a comfortable living space and is situated in a prime location with access to essential amenities.
State:Tamil Nadu
City:Chennai
Area:Pallikaranai
Asset Category:Residential
Full Address:F1, Shebanis Kamalam, Flat No. F1, 1st Floor, Shebanis Kamalam Plot No.2. 1st Cross St. Sai Ganesh Nagar Jalladalampet/Pallikaranai Chennai, Pallikaranai, Chennai
Building/Society:Shebanis Kamalam
Auction Description
PIRAMAL FINANCE LTD is conducting a SARFAESI auction for a residential flat in Pallikaranai, Chennai. The auction will take place on November 25, 2025, from 11:00 AM to 01:00 PM. The reserve price for this property is INR 26,90,000, with an Earnest Money Deposit (EMD) of INR 2,69,000 required to participate. This is a significant opportunity to acquire a property in Tamil Nadu through a transparent auction process.
Borrower Name:Mallikarjunarao D
Auction Type:SARFAESI Auction
Guarantor Names:Ammu D
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
Located in Pallikaranai, Chennai, this flat presents a reasonable opportunity given its reserve price and location. The auction terms are standard, but potential buyers should assess the property's condition and market value carefully. A calculated risk for those familiar with the area.
Contact Details
Branch:Branch Office : Kurla (West) Mumbai
Service Provider:Public Auction
Contact Details:
Contact no: —
